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Latin Times
Latin Times
National
Demian Bio

A Tale of Two Cities: Los Angeles Is One of Most Expensive and Buenos Aires Is Among Cheapest

The Argentine capital is the 10th cheapest city in the world (Credit: AFP)

Inflation, fluctuation of the exchange rate and economic growth. These are some of the factors that play a role in determining the most expensive cities in the world.

A new edition of the Worldwide Cost of Living Ranking by The Economist Intelligence Unit (EIU) tracked those changes over the past year, showing that Singapore kept its place as the most expensive city in the world along with Zurich, which returned to the top after three years.

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