Every year, the “Economist Intelligence Unit” conducts a survey of the most expensive and cheapest cities in the world to read. According to this research, these are the most expensive cities to live in in 2018. The prices of, among other things, house prices, gas and electricity bills, transport costs, food, drinks, clothing and going out are looked at. a total of 150 items are compared and New York City is the benchmark. If a city scores 116, it is 16% more expensive than New York, if a city scores 80, the city is 20% cheaper than New York. Check homosociety for list of most expensive gemstones in the world.
10.Sydney–102
The Australian cities are expensive, Melbourne just missed out on the list, Sydney is in tenth place. Buying a house is almost impossible in the largest city in the country, you can easily pay a million for an average house! Even as a smoker you have a hard time, for a pack of cigarettes you pay 19 euros!
9. Tel Aviv–103
Five years ago, Tel Aviv, the capital of Israel, was only the 34th most expensive city. Partly due to the high cost of car ownership, the city has made such a leap. Transport costs in Tel Aviv are 79 percent higher than in New York. Tel Aviv is also the second most expensive city in the survey to buy alcohol.
8. Copenhagen – 105
The first expensive Scandinavian city we come across in the list is Copenhagen, the capital of Denmark. Eating and drinking is expensive in Denmark, we pay about 2.25 for a 2 liter bottle of Coca Cola, in Denmark you quickly lose 3.50.
7. Seoul–106
Especially shopping is very expensive in Seoul , the capital of South Korea, prices are 50% higher than in New York.
6. Geneva – 106
Switzerland is expensive, so there are two cities from this country on the list. Geneva is home to many United Nations organizations and is one of the most important financial cities in the world.
5. Oslo–107
Norway is a rich country, partly due to their oil and gas reserves. Wages are therefore high, but so are prices. Shockingly high prices have to be paid, especially for a bottle of alcohol. A beer quickly costs about 8 euros!
4. Hong Kong – 111
In the Asian city of Hong Kong, the prices of groceries are again a lot higher than in other cities.
3. Zurich–112
The commercial capital of Switzerland, many universities and major companies are located here.
2. Paris – 112
Tourism in Paris keeps the city intact and almost no new construction projects are being built, so house prices remain high.
1.Singapore–116
Five million people live in this relatively small city, which means 7,000 people per square kilometer. And they have plenty of money in the country thanks to the strategic location of the Port of Singapore. Lots of money and little space means an expensive city. And this for the fifth year in a row.