Sydney world’s fifth most expensive city

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From The Economist’s cost of living index:

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From the ABC:

Sydney and Melbourne rank among the top six most expensive cities in the world to live, according to the Economist’s latest Worldwide Cost of Living Survey.

…Singapore took the dubious honour of top spot, followed by Paris, Oslo and Zurich.

Perth and Brisbane shared 21st spot while Adelaide came in at 37th.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.