Singapore, June 9 (PTI) The strong Singapore dollar has made the island state the sixth most expensive city in Asia for expatriate living, according to an international cost survey agency.
ECA International said prices of goods and services commonly purchased by international assignees have risen at much faster rates in Singapore than in other developed locations in the region.
Comparatively, New Delhi was ranked the 38th most expensive Asian city, with Mumbai rated 43rd, Bangalore 46th, Chennai 47th, Hyderabad 48th, Pune 50th, and Kolkata 51st.
Other South Asian cities in the ratings were Colombo (42), Dhaka (44), Islamabad (52) and Karachi (53).
Elaborating on Singapore, ECA International said goods and services in the city state now cost almost 3 per cent more than in Hong Kong, reversing a year ago trend when these cost 5 per cent more in Hong Kong.