Of bread and wine: Auckland and Wellington among the world's most expensive cities123RF Auckland jumped 22 places since last year's survey. Auckland and Wellington have been named among the most expensive cities in the world, jumping more than 20 places each since the last global survey. The New Zealand cities were jointly ranked the 16th most costly places to live in, according to the Economist Intelligence Unit's twice-yearly Worldwide Cost of Living survey. Singapore remains the world's most expensive city to live in with two Japanese cities - Tokyo and Osaka - returning to the top 10 thanks to the strengthening of the yen. "Cheap but not always cheerful," the survey said of some of least expensive cities, which also included Bangalore in India, Karachi in Pakistan, and Algeria's Algiers.

Source: Stuff March 21, 2017 20:37 UTC