Finding somewhere to live can be tough, especially if you’re in high demand and are on a limited budget. The world’s cost of living has been steadily increasing in recent years, making it more and more difficult to find cheap places to live without compromising on quality of life. In light of the most recent Mercer Cost of Living survey, we’ve listed the top 20 most expensive cities in the world – how does your city rank?
Despite being known as the “city of love,” it may be so expensive because of this. Spending money on a wine and cheese expedition could be thrilling for a visitor, but for locals, the costs mount up quickly. The city, which oozes elegance and style, has grown to be a hub for economic prospects and significantly greater costs. Along with tourism comes higher prices in food, clothes, and services. When compared to New York City or London, Paris comes out as one of the most expensive places in the world. In fact, it is the only European city that ranks among the top 10 most expensive places in the world according to an international cost-of-living survey. Geneva, Switzerland: An extremely wealthy region of Europe can be found right next door to France on Lake Geneva. A country with a low crime rate and favorable tax rates makes Switzerland one of the best places for banking institutions like Credit Suisse AG (NYSE:CS) (a multinational investment bank) to call home.
New York City, USA
Asia’s cleanest city is Singapore. It has a well-deserved reputation for having strict cleanliness rules that are really followed, such the ban on chewing gum. Since 2008, green building practises have also been mandated, leading to the widespread use of vertical gardens and green roofs. And with so many skyscrapers, it is not surprising that Singapore gets knocked off the top spot for highest population density by Doha in Qatar.
Since 2008, green building practises have also been mandated, leading to the widespread use of vertical gardens and green roofs.
You undoubtedly see Zurich’s air as crisp and pure because it is a hilly skiing city, and we are delighted to confirm that this image is accurate. Zurich is truly a breath of fresh air because to its excellent waste management systems, strong emphasis on recycling, and low energy usage. It also has an unemployment rate of 3.2%, which might be the lowest in the world. However, these advantages come at a high price; you’ll need an average annual income of US$162,000 to afford living here.