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The most expensive city in the world is NOT New York or San Francisco

This is one time where most Americans don’t want to be No. 1.

The Economist Intelligence Unit, the research and analysis division of The Economist Group this week ranked the world’s priciest cities. Of the 10 most expensive cities, five are in Asia. Singapore came out at No. 1, followed by Hong Kong. The third-most expensive city is Zurich, Switzerland, the city with the highest cost of living in Europe. Tokyo and Osaka, both in Japan, are fourth and fifth, followed by Seoul, South Korea. Geneva, Switzerland, and Paris tied for seventh, and New York and Copenhagen tied at No.

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