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Fortune
Fortune
Lionel Lim

Singapore retains its title as the most expensive city for rich people to live 'extremely well' while Hong Kong rises to second place, Julius Baer says

(Credit: Lauryn Ishak—Bloomberg via Getty Images)

Singapore is the most expensive city in the world for rich people to live the good life for the second year in a row, according to the Swiss private bank Julius Baer. The bank's Global Wealth and Lifestyle report is designed to capture the "cost of living extremely well" in cities around the world.

The Chinese city of Hong Kong is now the world's second most expensive city, up one spot from last year.

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