Hong Kong, Singapore and Osaka are the most expensive cities in 2020

The rankings for the most expensive cities in the world for the year 2020 are out. The previous years' most expensive cities in the top 10 have become cheaper due to the coronavirus outbreak, according to reports. Paris slipped to the fifth spot from the third last year. Hong Kong and Singapore maintained the first and second spot respectively. The Economic Intelligence Unit conducted the survey which included 37 cities from Europe. Currently, no country is recommending travel to another country due to the deadly coronavirus.