10. Copenhagen, Denmark – The Economist Intelligence Unit has released its latest survey on the most and least expensive cities in the world. The Danish capital squeezes into the top 10, jumping five spots from its place in the March 2013 report.
9. Tokyo – A weaker Yen has pushed Tokyo lower on the cost of living ranking, but the Japanese city is still the most expensive for everyday food items. The average price of bread is $7.12 a loaf, second to Paris where it's $8.44 a loaf.
7. Geneva, Switzerland – Geneva is the only European city in the top 10 ranking with a liter of unleaded petrol below $2, at $1.96.
6. Caracas, Venezuela – Caracas is the most expensive city in the Americas. But this may be deceptive, as unofficial and black market exchange rates push down the living costs, says the EIU report.
5. Sydney – Sydney dropped two spots to become the fifth most expensive city.
4. Zurich, Switzerland – European cities make up three of the top five most expensive and half of the top 10 list.
3. Oslo, Norway – European cities, like Oslo, tend to be priciest in leisure and entertainment categories. Unlike Asian cities, they typically have a broader range of expensive categories rather than one or two in particular, according to the report.
2. Paris – Hanging out with friends by a park is a much cheaper option than hitting the museums or wine bars. According to The Economist Intelligence Unit, the average price of table wine increased by $2 a bottle compared to 2013.
1. Singapore – Even the view comes with a price. The city-state has few natural resources. Its dependence on other countries for energy and water pushes up utility bills and "entitlement fees" make things like car ownership expensive.