New York has leapfrogged Hong Kong as the world's most expensive city to live in as an expat, while skyrocketing rents saw Singapore crash into the top five, according to a new study.

Inflation and rising accommodation costs were cited as reasons for New York topping ECA International's Cost of Living Rankings for 2023, while Geneva and London remained in third and fourth places.

Singapore has leaped into the top five most expensive cities to live.   

New York has leapfrogged Hong Kong as the world's most expensive city to live in as an expat, while skyrocketing rents saw Singapore crash into the top five, according to a new study.

Inflation and rising accommodation costs were cited as reasons for New York topping ECA International's Cost of Living Rankings for 2023, while Geneva and London remained in third and fourth places.

Singapore has leaped into the top five most expensive cities to live.