The 10 least affordable cities in the world

As high as the cost of living in New YorkorSan Francisco might be, neither city is the most expensive in the world.That distinction goes to Singapore,according to the Economist's World Cost of Living Index, which ranks the world's cities by affordability.No US cities made the list.The Economist uses the priceoffood, drink, clothing, rent, transportation, and utility bills in order to calculate the index.It's designed to help companies figure out how much to compensate employees who are working overseas, and provides an interesting look at how the cost of living varies around the world.All prices listed are from the Economist's World Cost of Living Index.SEE ALSO:The 10 most affordable cities in the world10. SingaporeWorld Cost of Living Index:1301 kg loaf of bread:Today: $3.36Five years ago: $2.90A bottle of wine:Today:$25.04Five years ago:$22.52A pack of cigarettes:Today: $9.55Five years ago: $8.111 liter of unleaded gas: Today: $1.73Five years ago: $1.369. Paris, FranceWorld Cost of Living Index:1291 kg loaf of bread:Today: $8.44Five years ago: $7.31A bottle of wine:Today:$11.45Five years ago:$8.62A pack of cigarettes:Today: $8.95Five years ago: $7.571 liter of unleaded gas: Today: $2.50Five years ago: $2.448. Oslo, NorwayWorld Cost of Living Index:1281 kg loaf of bread:Today: $5.91Five years ago: $5.33A bottle of wine:Today:$17.13Five years ago:$16.63A pack of cigarettes:Today: $15.44Five years ago: $12.071 liter of unleaded gas: Today: $2.41Five years ago: $2.05See the rest of the story at Business Insider
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