Tel Aviv is the Most Expensive City because of the Rising Inflation . New York is the 6th most expensive city .
The Israeli area crosed 5 cities to have the number 1 spot in expensive cities . The Paris and Singapore city came after Hong Kong and Geneva came at seventh position when it comes to expensive cities.
Tel Aviv rised to the second position because of the strength of the national economy and it even gave tough competition to USA dollar. Rounding off the top 10 were Copenhagen in Denmark .
Last year according to this survey Paris was the top most expensive city.This Years Data was collected in August and September as the prices rose 3.5 percent in local currency term , it is the fastest inflation rate recorded over the past 5 years .
Damascus was ranked as the world’s cheapest city .The Iranian capital rose from 79th to 29th place in the ranking as us sanction have put up prices.