5 Least Affordable Countries in the World

3. Singapore

Cost of Living: $3000

Tax: 24%

Singapore has a cost of living at $3000 with a tax rate of 24%. Its status as a global financial hub drives up housing and living costs. While the high cost of living and expensive housing market can pose challenges, the country’s high salaries and excellent social services often offset these concerns, making it a desirable location for both residents and expatriates.