SINGAPORE (June 7): Singapore is now the 24th most expensive location in the world for expatriates to live in, according to the latest Cost of Living survey by ECA International, the provider of knowledge, information and software for the management and assignment of employees around the world.

Last year, the city state was ranked 18th.

“Prices have risen in Singapore since our last survey. Therefore, in local-currency terms, expatriates in Singapore will clearly have felt an increase in their cost of living in the past 12 months,” says Lee Quane, Regional Director – Asia, ECA International. “However, as the Singapore dollar has depreciated against many currencies over the course of the last year, this has made the cost of living cheaper relative to several other locations than it was a year ago.”

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