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Last updated: 2017-07-18
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Economist Intelligence Unit
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2014201520162017
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# cities covered131132133133
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Singapore global rank1111
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Singapore WCOL index (NY = 100)130129116120
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New York global rank262279
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Mercer
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2014201520162017
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# cities covered211207209209
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Singapore global rank4445
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New York global rank1616119
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ECA International
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2014Sep 2015Sep 2016Mar 2017
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# locations covered?456461464
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Singapore global rank24181624
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Manhattan global rank38152423
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Notes
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See links for sources.
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2These rankings were constructed with the expat lifestyle in mind. Nonetheless, given that all three rankings consistently rank Singapore above the #1 US city, it is clearly absurd to assert that the average US price level is over 60% greater than Singapore's.
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I have not actually examined these consultancies' price data, so I can't say for sure how reliable the data are. Nonetheless, the data are available for sale (usually for thousands of dollars) and presumably some companies do purchase these data. Moreover, these three consultancies publish these rankings at least once a year. So the data are probably somewhat reliable. In contrast, the World Bank's ICP data are completely inaccessible to the public. I will have more to say about this in the third of this series of videos on price indices.
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The EIU data are updated each June and September.
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Please let me know about broken links or any errors, thanks!
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Notes for ECA International
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ECA International does cost-of-living surveys twice a year (in March and September).
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Unfortunately, for 2014, I wasn't able to find on ECA International's website any information on Singapore and Manhattan's ranks.
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The 2014 ranks reported are taken from the 2015 source. If you have any such information, please let me know!
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