Singapore named the most expensive city in the world to ‘live well' (again)
The report's Lifestyle Index, which tracks the cost of luxury goods and premium services that define a high-net-worth lifestyle, places Singapore firmly at the top, beating out 24 other cities across the globe. Think swanky property, high-end cars, handbags that cost more than a condo down payment and private healthcare.
Singapore ranked first globally for the price of cars and women's handbags, second in the world for the price of women's shoes and third for residential property and private healthcare.
It ranked first globally for car prices and women's handbags, second for women's shoes, and third for both residential property and private healthcare.
The only category where we came out cheapest? Treadmills. But if you're a fan of these running routes in Singapore, then maybe you don't need one.
So what keeps the ultra-rich coming back despite the sky-high costs? According to the report, it's Singapore's political stability, low crime rate, world-class healthcare and efficient infrastructure that continue to attract high-flyers, billionaires and luxury-lovers alike. We are after all, home to the world's best airport and widely praised for its efficient public transport system.
The 2025 edition of the report also notes how shifting global dynamics, from trade tensions to fluctuating consumer confidence, are influencing the spending habits of the world's wealthy. Want to see how the rest of the world stacks up? View the full report here.
Top 10 most expensive cities for living well
1. Singapore
2. London
3. Hong Kong
4. Monaco
5. Zurich
6. Shanghai
7. Dubai
8. New York
9. Paris
10. Milan
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