The cost of living in Beirut is also more than its purchasing power, which is the lowest among Arab cities. Lebanon is experiencing its worst ever economic crisis.
Tel Aviv ranked world’s priciest city for first time
Tel Aviv climbed the rankings partly due to the strength of the national currency, the shekel, against the dollar, as well increases in prices for transport and groceries. Paris and Singapore came in tied for second, followed by Zurich and Hong Kong. New York City was in sixth place, with...
