Every year sees the release of several reports ranking the most expensive cities in the world. It almost true that the obvious inclination is to make that place as cost effective as possible, right? There are many factors to include exchange rates, price level, lifestyle, leaving cost and more. For the purpose of this list and we have marked to focus on the cities that would be most expensive for foreigners to maintain their current lifestyle. For more clear here is a list of 20 most expensive cities in the world.
Here Are the 20 Most Expensive Cities In The World
1. Abidjan, Côte d’Ivoire
Abidjan is one of the most expensive city and also known as the primary port in the country. Due to political unrest, the standard of living to drop foreign investment keeps the economy a-going.
2. Berlin, Germany
Do you have any confusion about this city? The excellent way to appreciate why Berlin is one of the most expensive cities in this list though is to take a look at gas prices at 7 dollars per gallon. Siemens is the best electrical engineering and motor vehicle manufacturing company and also called Berlin home.
3. Brisbane, Australia
As we know it is not Australia’s most expensive city but it is considered as the world’s most expensive public transportation systems (trailing only London and Oslo).
4. Brussels, Belgium
According to the increase of young professionals setting down in Brussels. Average yearly rent is increasing and making it the most expensive city to live in Belgium.
5. Canberra, Australia
Having visited Canberra city, you will feel in the capital of the land down under. Despite its elevated cost of living, people choose this city as the standard of lifestyle in Australia.
6. Copenhagen, Denmark
Copenhagen is considered as the highest income city in the world. It has proved several years ago by survey researchers (UBS). Run up products price. Giving a real example: a DVD would cost around 8 dollars while a one-way tram ticket can be over 3 dollars.
7. Geneva, Switzerland
Geneva is the second most populous city in Switzerland. On the other hand, this city was ranked as the seventh most expensive city in 2017. Most of the international organization food prices are 50 percent higher than the rest of Europe.
8. Jerusalem, Israel
Jerusalem is one of the high standard living places. Although it is one of the poorest in the country, on the other hand, it is still an expensive place for its several initiatives have put in place to attract more tourists and visitors as well.
9. Kinshasa, Democratic Republic of the Congo
Kinshasa is the largest capital city of the democratic republic of the Congo. Houses and apartments are expensive in the central area like a 2 bedroom apartment can cost experts upward of 25,00 dollars.
10. Libreville, Gabon
Libreville is an expensive city on our list because most goods wished for by expatriates need to be flown into Gabon, prices these can be fairly steep for goods noted for westerners.
11. London, United Kingdom
This city is considered as the world’s most expensive city to visit for 24 hours. It shouldn’t appear as a surprise that London would be no this list somewhere. What can be the shock of you, anyway, is that there are at least 24 cities figured out as more expensive.
12. Moscow, Russia
Moscow is one of the most famous commercial places in Russia. Chemical, software, and energy industries are the principal sources of earning a lot of wealth in the Rusia. In most of the cases, Moscow is known as an expensive city, example: You have to pay somewhere around 3,300 dollars per month for a two bedroom apartment.
13. New York City, United States
New York City is one of the most expensive city for its expensive office tower, apartments by construction cost. Average monthly rent of this city is still up there approximately 26,00 dollars for a two bedroom apartment.
14. Paris, France
Paris is known as the primary business and cultural hub in France. Paris is considered as the home of many international companies. On the other hand, Paris is an expensive city on our list such as a two bedroom apartment cost approximately 2,100 dollars in the city.
15. Seoul, South Korea
Seoul is considered as the fourth largest metropolitan economy in the world. Seoul is still an expensive city in our list but Currency fluctuations have led to Seoul become slightly cheaper in recent years.
16. Stockholm, Sweden
Stockholm is one of the most famous capital city in Sweden. It is a commercial place because of many international companies’ headquarters situated here like Ericson and Electrolux. Swedish krona published that it is also an expensive city.
17. Sydney, Australia
Sydney is known as the most populous and an important Australian industrial center. To purchase power in Sydney is the second highest in the world second only to Zurich. This city is the most expensive on our list.
18. Tel Aviv, Israel
Tel Aviv is Israel’s most expensive city for its home to many high tech startups. Though, this city can be pricey to live here rent is a little bit high than other cities, such as 1,500 dollars for a three bedroom apartment.
19. Vienna, Austria
Vienna is considered as the most expensive city with a per GDP approximately 180 percent of the European Union average this city has been noted as having the highest standard of living in the world.
20. Yokohama, Japan
Although, Yokohama is a major commercial hub of the greater Tokyo area. On the contrary, this city is one of the most expensive city on our list like apartments cost is still increasing in every year.