For the first time, New York has earned the unwanted title of most expensive city in the world, an in-depth annual survey has revealed - tying land-scarce Singapore for the top spot.Despite recent rampant crime, the Big Apple managed to climb five places to score the distinction, according to the authoritative ranking compiled by the Economist Intelligence Unit (EIU).It joined , a small city with one of the fastest growing economies in the world, which has made the number-one spot eight times in the past decade.
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