There are innumerable cities in the world you cherish a dream to visit, but the moment you think about the expenses that your visit may cost you, the idea of visiting them immediately vanishes into air and you stop your mind from dreaming next to impossible things. A wide variety of aspects are there that enter into a city’s cost-of-living for emigrant employees, such as monetary value, investment rates, forex prices of the nation’s currency and real estate costs. Besides these factors, there are number of other issues that decide cost of living in a particular city. Here is a list that mentions The Top 10 Most Expensive Cities in the World. So, what do you think which city is the priciest city all around the globe and is going to top the list?
Top Ten Most Expensive Cities of the World
Dig deep into the list of top ten most expensive cities in the world and get to know what makes them worthy of the given tag.
The capital city of England, London besides being a well known global metropolis in terms of luxuries and culture is also a leading name when it comes to the most expensive cities in the world. As per international arrivals, it is as well a leader among the world’s most visited cities. In order to afford a meal in the city’s business district, one requires paying as much as $22. Even travel and rent are other major factors that drain the pockets of Londoners.
2. Oslo, Norway
For more than six years in a row, Oslo has been grabbing the second position in the race for most expensive cities to live in. The main trade activities of the city make it one amid the most high-priced urban in the world. The city houses the world’s largest shipping companies, shipbrokers and maritime insurance companies. It also takes pride in having one of the most extensive and efficient metro transportation systems and an environmentally friendly tram system in the world.
3. Geneva, Switzerland
This beautiful city is situated along Lake Geneva in the French-speaking part of Switzerland. Geneva houses many United Nations agencies, as well as the World Trade Organization, Red Cross and World Economic Forum headquarters. The city is also famous for its mouth-watering cuisine and it boasts of having more restaurants per capita than New York City.
4. Zurich, Switzerland
For the very first time in last 20 years, Zurich has managed to rank itself as the world’s most expensive city. It has overtaken Tokyo, which had topped the list many a times in the last two decades. Zurich, which is Switzerland’s largest city, houses some of the leading financial institutions of the country.
5. New York City, USA
In the whole of United States, New York City has the maximum cost of living and especially for families it costs twice the price of Mississippi. Housing, child care, food, health insurance and transportation are the prime factors that blame the metropolis with the given tag. Besides, the city also serves as the core location for a list of reputed organisation which automatically pulls up the living expenses on its people.
6. Lausanne, Switzerland
Situated on the shores of Lake Geneva, facing the French town of Évian-les-Bains with the Jura Mountains for backdrop, Lausanne not only rich in terms of scenic beauty but also competes with the most expensive cities to live in. anyone looking out for a high end apartment in the city should set his mind to pay more $3,238 as monthly rent. It is the fourth biggest city in Switzerland with a total population of 336,400 inhabitants.
Singapore cracks the record of top 10 most expensive cities in the world and seizes the 7th spot. Splendid hotels and glittering malls are important attractions in the city and also the main income source of Singapore.
8. Paris, France
The world-famous city of Paris is also here in the list. A wide number of World Heritage Sites like Eiffel Tower are magnificently located in this 6th most expensive city in the world. It is France’s largest city and among one of the most beautiful cities in the world.
9. San Francisco, USA
Another North American urban that hits the list of top ten most expensive cities to live in is none other than San Francisco – the cultural and financial hub of North California. For families earning median household income can’t think of settling in the city since its housing rates are sky rocketing along with other expenses such as food and health care.
10. Copenhagen, Denmark
Copenhagen – an amazingly lively and beautiful urban with a number of stupefying sites to visit, is as well the most expensive city to live in. Here renting a DVD might cost one almost $8 while a one way tram trip will require more than $3. Speaking of hiring an apartment will make one pay $2,577 per month.