Tokyo has returned to the ranks of the world's 10 costliest cities this year as Asia's representation has expanded, reflecting the region's rising clout in the global economy.
The greenback's moderation and the euro remaining relatively steady meant the currencies of Canada, Australia and New Zealand appreciated. As a result, Sydney climbed to 14th spot and Melbourne to 15th, meaning they're more expensive than Shanghai.
Auckland and Wellington jumped 22 and 26 places respectively to be inside the top 20.
Singapore's ranking as the world's priciest city for the fourth consecutive year is largely due to the cost of owning a car there being the highest in the world. It is also the second-priciest for clothing.
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