Top Ten Most Expensive Cities in the World
The survey covers 207 cities around the world and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is designed to help multinational companies and governments determine compensation allowances for their expatriate employees.
Published Wednesday, the guide surveys 209 countries where employers are most likely to send their expatriates to live and work. Hong Kong remains the world's most expensive city, where the average monthly rent of a unfurnished two-bedroom apartment of "international standards in an appropriate neighborhood" costs $6,809.47.
While Asia is home to the world's most expensive city, the region also boasts the world's most affordable cities, including Karachi and Bengaluru (formerly known as Bangalore), Mumbai, Chennai, New Delhi, and Tehran.
The world's most expensive city may surprise you 7:49 AM ET Wed, 22 June 2016 | 00:44 When one thinks of the world's most expensive cities, images of New York and London probably pop to mind. But those two do not even make the list of the 10 most expensive cities in which to live.
Asian cities dominate the list, with Singapore and Hong Kong earning the top two spots. At No. 9, New York was the only place in the United States to crack the top 10. Below, check out the 10 most expensive cities in the world.
These are the 10 most expensive cities in the world 10. Copenhagen, Denmark. Average price of a loaf of bread: $3.55. ... 9. New York, United States. Average price of a loaf of bread: $7.95. ... 8. Paris, France. ... 7. Geneva, Switzerland. ... 6. Seoul, South Korea. ... 5. Osaka, Japan. ... 4. Tokyo, Japan. ... 3. Zurich, Switzerland. ...
in Most Expensive The Kingdom of Denmark in Scandinavia is the most expensive country to live in. While there may be cities around the world that has higher prices, notably Tokyo, Geneva and Nagoya, on a per country basis, Denmark is on top of the list.
Singapore is the world’s most expensive city for the fifth straight year in the Economist Intelligence Unit’s latest Worldwide Cost of Living report, with Paris and Zurich tied for second place. Asia Pacific and European destinations dominated the ranks of costliest cities identified in the report released this week.
Most Sydney-siders would raise their hands if asked whether their city was one of the world's most expensive to live in. However, a new report by The Economist Intelligence Unit shows that a weaker Australian dollar has pushed Sydney (20th) and Melbourne (21st) out of the top 10 most expensive cities in the world rankings for 2016.
Singapore is the world’s most expensive city for the fifth straight year in the Economist Intelligence Unit’s latest Worldwide Cost of Living report, with Paris and Zurich tied for second place. Asia Pacific and European destinations dominated the ranks of costliest cities identified in the report released this week.