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World’s 10 Most Expensive Cities To Live In

Finance

World’s 10 Most Expensive Cities To Live In

Many different rankings of the world’s most affordable and expensive cities exist, but several fail to take into account different ways of life in other countries. For example, over populated countries that raise the price of registering a car in order to encourage residents to take public transit are often cited as more expensive countries. This does not take into account the fact that most residents in these countries do not typically own a car.

On the other hand, lists of the cheapest cities to live in usually do not take into account the lifestyle and safety of a place. For example, Haiti or Pakistan may be among the cheapest countries to live in, but civil unrest means you are unlikely to settle there. One ranking from Expatistan however, compares cities based on a slew of realistic purchases in food, living, entertainment, and transportation.

Among the 247 cities categorized, many fall in dangerous or underdeveloped regions. For this reason, and to compare a wide spread of locations, we’ve taken twenty cities out of Expatistan’s most and least expensive cities around the world. With these practical considerations in mind, these are 10 of the most expensive cities you’d want to live in:

Most Expensive

10. Hamburg, Germany

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Gunther Wegner

Ranked number 66 out of 247 cities, Hamburg is among the more affordable “expensive” cities. With nearly 2 million residents and an impressively temperate climate, Hamburg is one of the most attractive cities for expats.

Average costs:

  • Fast food combo meal  $8
  • 1 litre of whole milk  $1.28
  • 1 kg of apples  $3.27
  • 2 litres of Coca-Cola  $2.81
  • Monthly rent for 85 square metre apt in expensive area $1 577
  • 1 pair brand name sports shoes $106
  • Monthly transit pass $92
  • 1 roll on deodorant $2.48
  • 2 tickets to movies $26
  • 1 pack of Marlboro cigarettes $7

9. Vancouver, Canada

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JamesZ_Flickr

Also among the more affordable cities in the “expensive” list is Vancouver, Canada. Ranked 53 out of 247 cities, Vancouver boasts about 2.5 million residents in the greater metro area.

Average costs:

  • Fast food combo meal  $7
  • 1 litre of whole milk  $2.47
  • 1 kg of apples  $2.75
  • 2 litres of Coca-Cola  $2.35
  • Monthly rent for 85 square metre apt in expensive area $2 124
  • 1 pair brand name sports shoes $125
  • Monthly transit pass $89
  • 1 roll on deodorant $3.98
  • 2 tickets to movies $23
  • 1 pack of Marlboro cigarettes $10

8. Tokyo, Japan

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sebastien batardy

The next most expensive city on our list is Tokyo, Japan, ranked number 37 out of 247 cities. Unsurprisingly, with nearly 38 million residents, this city is among the more expensive cities when it comes to rent.

Average costs:

  • Fast food combo meal  $5.60
  • 1 litre of whole milk  $1.82
  • 1 kg of apples  $5.42
  • 2 litres of Coca-Cola  $2.29
  • Monthly rent for 85 square metre apt in expensive area $2 749
  • 1 pair brand name sports shoes $70
  • Monthly transit pass $92
  • 1 roll on deodorant $6
  • 2 tickets to movies $31
  • 1 pack of Marlboro cigarettes $3.88

7. Honolulu, United States

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John Fowler

With only about a million residents in the greater Honolulu area, Honolulu’s isolated location in Hawaii likely accounts for it’s higher than average prices. Coming in at number 27 of 247 cities, this slice of paradise is still more affordable than New York City, Sydney or San Francisco.

Average costs:

  • Fast food combo meal  $8
  • 1 litre of whole milk  $2.08
  • 1 kg of apples  $5.95
  • 2 litres of Coca-Cola  $2.47
  • Monthly rent for 85 square metre apt in expensive area $2 620
  • 1 pair brand name sports shoes $74
  • Monthly transit pass $80
  • 1 roll on deodorant $4.22
  • 2 tickets to movies $21
  • 1 pack of Marlboro cigarettes $10

6. Amsterdam, Netherlands

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Moyan Brenn

Originating as a small fishing village around the 12th century, Amsterdam has grown to a premiere European destination. Ranked 23rd out of 247 cities, Amsterdam sees slightly lower rent than other “most expensive” cities, but higher prices on day to day purchases.

Average costs:

  • Fast food combo meal  $9
  • 1 litre of whole milk  $1.27
  • 1 kg of apples  $3.07
  • 2 litres of Coca-Cola  $2.57
  • Monthly rent for 85 square metre apt in expensive area $2 266
  • 1 pair brand name sports shoes $127
  • Monthly transit pass $113
  • 1 roll on deodorant $3.17
  • 2 tickets to movies $26
  • 1 pack of Marlboro cigarettes $8

5. Paris, France

Moyan Brenn

Ranked 14th out of 247 cities, Paris is home to some of the most famous destinations in the world, including the Louvre, the Eiffel Tower, and countless fashion and food events. While transit costs and basic groceries are average priced, on this list only New York City and Zurich cost more for rent.

Average costs:

  • Fast food combo meal  $9
  • 1 litre of whole milk  $1.62
  • 1 kg of apples  $3.02
  • 2 litres of Coca-Cola  $2.98
  • Monthly rent for 85 square metre apt in expensive area $3 285
  • 1 pair brand name sports shoes $102
  • Monthly transit pass $81
  • 1 roll on deodorant $4.85
  • 2 tickets to movies $25
  • 1 pack of Marlboro cigarettes $9

4. Sydney, Australia

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Corey Leopold

Another popular tourist destination, Sydney is ranked 13th most expensive by Expatistan. While rent costs are lower than some of the other “most expensive” cities on this list, more expensive transit and consumer goods push this city higher in the rankings.

Average costs:

  • Fast food combo meal  $7
  • 1 litre of whole milk  $1.40
  • 1 kg of apples  $3.60
  • 2 litres of Coca-Cola  $3.05
  • Monthly rent for 85 square metre apt in expensive area $2 708
  • 1 pair brand name sports shoes $123
  • Monthly transit pass $127
  • 1 roll on deodorant $3.80
  • 2 tickets to movies $33
  • 1 pack of Marlboro cigarettes $17

3. New York City, United States

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Roman Iakoubtchik

Number 7 of 247 cities, New York City sees high prices for most goods and services. With about 8.5 million residents, New York also is among the most pricey for rent costs.

Average costs:

  • Fast food combo meal  $7
  • 1 litre of whole milk  $1.54
  • 1 kg of apples  $3.92
  • 2 litres of Coca-Cola  $2.19
  • Monthly rent for 85 square metre apt in expensive area $4 075
  • 1 pair brand name sports shoes $85
  • Monthly transit pass $114
  • 1 roll on deodorant $4.13
  • 2 tickets to movies $28
  • 1 pack of Marlboro cigarettes $13

2. Oslo, Norway

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2Tales

Oslo, the capital of Norway, ranks 4th most expensive out of 247 cities around the world. Though rent costs fall below those in New York or Paris, Oslo sees higher costs on groceries, transit and other goods.

Average costs:

  • Fast food combo meal  $14
  • 1 litre of whole milk  $2.36
  • 1 kg of apples  $2.91
  • 2 litres of Coca-Cola  $4.55
  • Monthly rent for 85 square metre apt in expensive area $2 883
  • 1 pair brand name sports shoes $134
  • Monthly transit pass $107
  • 1 roll on deodorant $5.90
  • 2 tickets to movies $33
  • 1 pack of Marlboro cigarettes $15

1. Zurich, Switzerland

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kuhnmi

According to Expatistan, Zurich is the most expensive city to live in in the world. On average, from fast food to rent to entertainment, purchases in this Swiss hub cost more than anywhere else.

Average costs:

  • Fast food combo meal  $14
  • 1 litre of whole milk  $1.76
  • 1 kg of apples  $3.58
  • 2 litres of Coca-Cola  $2.71
  • Monthly rent for 85 square metre apt in expensive area $3 594
  • 1 pair brand name sports shoes $154
  • Monthly transit pass $97
  • 1 roll on deodorant $6
  • 2 tickets to movies $38
  • 1 pack of Marlboro cigarettes $8

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