Singapore Costs Exceed HKG first time

[makapaaa]

<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>Coffeeshop Chit Chat - Singapore Costs Exceed HKG first time</TD><TD id=msgunetc noWrap align=right></TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"></TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>sunshinebolx <NOBR></NOBR></TD><TD class=msgDate width="30%" noWrap align=right>Jul-12 5:03 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right>(1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"></TD><TD class=wintiny noWrap align=right>53947.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD id=msgtxt_1 class=msgtxt>Singapore Costs Exceed Hong Kong for First Time, Mercer Says



BusinessWeek, 12 Jul 2011
July 12 (Bloomberg) -- Singapore overtook Hong Kong as a more expensive city for expatriates for the first time, driven by a stronger currency and higher rents, according to Mercer¡¯s Worldwide Cost of Living Survey.
The island-nation was ranked the eighth-most expensive city worldwide, rising from the 11th spot last year following a ¡°substantial increase¡± in housing costs, Mercer said in an e- mailed statement today. Hong Kong dropped one level to ninth place, the survey showed. Full story

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[makapaaa]

Are Sporeans' median wage 8th eightest in the world?