You would be surprised to know that 12 most expensive places to live in the world are all outside US. Ask any of your colleague, friend or relative who has been to different parts of the world. You might not believe what they will tell you. Well, even if you don’t know anyone who has been to different cities around the world, let us give you an idea.
MVF Global and Expert Market put together a list of some of the most expensive places to live in the world for people travelling for business purpose and the results they came up with might startle you. Not even a single city in United States was able to make the top 20. However, when the list goes up to top 30, only New York and San Francisco appear in it with their expense of $443 and $445 for a single day respectively.
According to the chief of Expert Market, Ian Wright, Europe being one of the most expensive continent is no surprise, however, the most shocking thing to know is not even a single city in the US is ranked among the top 20. It is surprising because the cost of hotel rooms and several other expenses in San Francisco and New York are extremely high. Not seeing them among the top 20 is nothing less than a shock.
So, if you are planning your next trip in any part of the world, whether general or business, it is ideal to get an idea about the cost of travel and living. There are several ways of doing that, do a bit of research on the internet, visit different websites, go through different blogs, or you can even ask the natives or residents about the cost of living and basic necessities in different cities around the world. However, there are certain cities that stand out when it comes to expenses. So, if you are willing to know about the highly expensive cities, you have come to the right place. Other than that you might also be interested in knowing more about top 15 most expensive countries in the world.
12. Hong Kong
If you plan on living in Hong Kong a single-bedroom apartment can cost a monthly rent of more than $2000. Monthly rental for a place in a good neighborhood can cost over $ 5000. As far as the food is concerned, a meal in a decent restaurant can cost around $6 each. Public transport, however, is pretty affordable.
11. Copenhagen
If you are in Copenhagen with your partner and both of you decide to go to a decent restaurant, a meal along with dessert and coffee will cost you about $135 altogether. The cost of living is high, like any Scandinavian country; however the wages are pretty high which balance things out.
10. Perth
Finding accommodation in a good neighborhood here can cost a monthly rent of about $2000, whereas, meals in a fast food restaurant can be around $8. If you are driving on your own, 1 liter gas will cost you around $1.06.
9. Sydney
Sydney is one of the most alive cities in the world. There is a lot you can do and see here. If you find yourself working for retail industry, you will get about $19 per hour, which makes a total of around $ 45,000 annually.
8. Stockholm
Stockholm is by far one of the most beautiful cities in the world. So, if you are wondering what to do there, you can get movie tickets for two for $35. If you want to save yourself some money try not going to the bars too much as a single cocktail can cost you around $ 17.
7. London
London is one the top tourist’s attraction. There is a lot of history and culture involved in this city. If you are going out to eat, a meal for two in a decent restaurant will cost you around $75.
6. Singapore
Number six on our list of 12 most expensive places to live in the world in Singapore. However , if you are only travelling it can be pretty affordable with a dorm available between $ 16 to $24, food on the street cost between $ 3 to $5. Beer is also one of the cheapest things you will find in Singapore, available for $8 in a club or around $ 4 in a mart.
5. Lausanne
Lausanne is a small city in Switzerland, with a population of only 150,000. The average monthly income of a local is $6000. It’s a beautiful city with some mind blowing sceneries.
4. Geneva
When you talk about Switzerland, Geneva is one of the first names that come to mind. A small house in Geneva is worth more than a million dollars. Dinners cost for two revolves around $70.
3. Zurich
Another city from Switzerland, Zurich is one of the exceptional places in the world, providing its residents a monthly salary of about $5,600, with beer costing $7 in a pub, however if you are not in to alcohol, you can get a cappuccino for $6.
2. Paris
One of the most beautiful cities of the world is also one of the most expensive to live in. Monthly rental for a single bedroom apartment in the main city will cost you around $1,273. Average monthly income after tax is around $2,644.
And, the most expensive place to live in the world is: Oslo
Topping the list in our 12 most expensive places to live in the world is Oslo. Here you get a Big Mac combo for $16 and two movie tickets for $37. Residents get a monthly wage of about $4,800; however, they get a free university education and healthcare.
