It is no surprise that Singapore tops 2022 World Most Expensive City this year accordingto EIU (Economist Intelligence Unit).  Supplychain disruption due to China's zero Covid policy and Russia-Ukraine war had driven theworld's inflation by and large.  Singapore being a premier world investment hub has the most expensive car ownership price due to government's strict control in car number.  Heavy duty is also imposed in alcohol and tobacco.  

It is indeed the most expensive city for foreigners to live in.  However, for the local residents, we have our own way of surviving.  The public transport is easily accessible, affordable and convenient.  Car ownership is therefore not a strict necessity.   Most of us could also do without alcohol and tobacco as a living necessity. For housing, the locals have HDB option which is still within reach.  

Singapore 🇸🇬 is a garden city and is my home.  It's a safe place to live in where the heart belongs.  The beauty of multi-racial harmony, rich culture and peace is something money cannot buy. 

I can feel the inflation heat as I move aroundhaving to incur higher food prices.  Fortunately food courts are easily accessible and still within my affordability. 

I wish my fellow friends living in this same island will stay sane, manage and be happy always.  Love ❤️ and cheers.  

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • LazyTitan
    ·2022-12-05
    well said, in SG luckily we always have cheaper and viable  alternatives, car/ public transport?  condo/ landed/ hdb? fine dining/ restaurant/food court?
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  • DannDann
    ·2022-12-05
    Thanks for the insightful sharing 👍🏻👍
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  • BlueDaisy
    ·2022-12-05
    Agree! Singapore is also managing inflation better than other countries.
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  • HilaryWilde
    ·2022-12-08
    You're right. I really like the diverse culture here.
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  • PandoraHaggai
    ·2022-12-08
    Don't worry too much, it won't affect my enthusiasm for STI.
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  • Txy
    ·2022-12-05
    Thanks for sharing
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  • BellaFaraday
    ·2022-12-08
    Inflation does have a big impact on us.
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  • MortimerDodd
    ·2022-12-08
    But it is still a happy thing to live here.
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  • EvanHolt
    ·2022-12-08
    Buying a car in this country is by no means easy.
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  • Dwayne Sheng
    ·2022-12-06
    Thanks for sharing
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  • Jenuinejen
    ·2022-12-06
    Good job!
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  • ilod
    ·2022-12-05
    👍🏻
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  • Alisont09
    ·2022-12-05
    Nice
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  • loon0406
    ·2022-12-05
    good
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  • HappyTrade
    ·2022-12-05
    [Like]
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  • Dephne
    ·2022-12-05
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  • kiore
    ·2022-12-05
    okay
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  • WengT
    ·2022-12-05
    [微笑]
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  • DarrenTayCW
    ·2022-12-05
    ok
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  • J0E
    ·2022-12-05
    Wow
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