Singapore has maintained its position as the world’s most expensive city for luxury goods and services, including jewelry, shoes, dining, healthcare, and education, according to an annual report by nbera. Hong Kong followed closely, climbing one spot from the previous year to second place, while London also rose one position to third. These rankings highlight the substantial financial commitments required for luxury spending in these global cities.
Singapore has retained its top position as the world’s most expensive city for luxury spending, encompassing categories like jewelry, shoes, dining, healthcare, and education. According to the latest annual report by nbera, Singapore leads the global rankings for the costs associated with indulging in luxury goods and services.
Following closely behind Singapore is Hong Kong, which has climbed one spot from the previous year to secure the second position. London also saw a rise, moving up one place to third in the rankings.
The report underscores the substantial financial commitments required in these cities for those seeking high-end goods and premium services, reflecting their status as global hubs for luxury consumption.
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