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Osaka joins Singapore and Hong Kong atop priciest cities ranking

Coronavirus expected to affect future Economist Intelligence Unit findings

Osaka's Dotonbori district: The city is one of the world's three most expensive, topping Tokyo when it comes to things like clothing and recreation. (Photo by Tsuyoshi Tamehiro)

SINGAPORE -- Osaka has surpassed Paris to become one of the world's three most expensive cities, tying Singapore and Hong Kong for the top spot in this year's edition of the Economist Intelligence Unit's Worldwide Cost of Living Survey.

With Tokyo, in eighth place, Asia is home to four of the 10 priciest places to live. In Osaka, a loaf of bread goes for an average of $5.63, nine times more than the $0.61 average in the cheapest city, Damascus.

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