Switzerland’s biggest city Zurich has thus moved up five places since the last ranking, according to data published on Thursday by the Economist Intelligence Unit (EIU), the analytical research unit of the Economist Group.
The city’s top position is partly due to the strong Swiss franc. However, high prices for food and leisure activities also played a role.
Zurich and Singapore (1st place each) were followed in the EIU ranking by Geneva and New York (3rd place each), Hong Kong (5th), Los Angeles (6th), Paris (7th), Copenhagen and Tel Aviv (8th) and San Francisco (10th).
Damascus cheapest
According to the EIU, the cheapest city in the world is Syrian capital Damascus (173rd). It is followed by the Iranian capital Tehran (172nd) and Libya’s capital Tripoli (171st).
The Russian cities of Moscow (142nd) and St. Petersburg (147th) were among the cities that slipped most in the ranking, due to the weakening of the rouble as a result of the sanctions due to the war in Ukraine.
According to the EIU, it surveys the prices of over 400 products and services in 173 cities twice a year and converts them into US dollars. The data for the current ranking was collected between mid-August and mid-September – before the outbreak of the Israeli-Palestinian war, which has since influenced exchange rates and prices in Israel the EIU writes.
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles. You can find them here.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
Lack of smartphone sustainability in Switzerland hits environment
This content was published on
Almost half of all Swiss citizens hang on to their old smartphones, tablets and laptops, according to the Federal Statistical Office.
Police clear out pro-Palestinian students protesting in Geneva
This content was published on
The police intervened early on Tuesday to dislodge pro-Palestinian students who had been occupying the University of Geneva for almost a week.
New gel developed in Zurich renders alcohol harmless
This content was published on
A newly developed gel composed of whey proteins breaks down alcohol in the body and could reduce its harmful and intoxicating effects in humans.
Pro-Palestine protests extend to Basel and Fribourg universities
This content was published on
Demonstrators called for an academic boycott of all Israeli institutions and disassociation with Chaim Weizmann, the first Israeli president.
This content was published on
In many cases, China's use of AI undermines the national security of the US and its allies, according to a US government representative.
Swiss Hells Angels trial alleges rape and money laundering
This content was published on
An allegedly high-ranking member of the Hells Angels is accused of money laundering totalling millions and rape, among other serious crimes.
SWISS is airline ‘group flagship’ says Lufthansa boss
This content was published on
Despite challenges, Lufthansa and its most important subsidiary, Swiss International Airlines, promise increased satisfaction and continued growth.
Swiss rediscover communist zeal after 84-year hiatus
This content was published on
Over 300 participants founded the Revolutionary Communist Party (RKP) at its congress in Burgdorf in canton Bern at the weekend.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.