Top 20 Costliest Cities in the World
With the everrising economic growth and standards of living, cities are becoming more and more expensive to live in. Most of the costliest cities belong to Europe or the United States of America. However, we do not find any mention of cities like Las Vegas, Paris, Abu Dhabi, and even St. Petersburg!
The inhabitants of these cities carry out their luxurious expenditure on various things like rent, and even beer! Check out this list to see the top 20 costliest cities to live in-
1. Tokyo, Japan
Tokyo is the most densely populated metropolitan city in the world, with its population exceeding 13 million and counting! With technological advancements and other facilities offered by Tokyo, the people of Tokyo spend as much as $2,208 monthly! In fact, out of the 500 Fortune Global Companies, 51 are located in Tokyo!
2. Auckland, New Zealand
Home to 32% of New Zealand’s population, Auckland is the most populated urban area in New Zealand. The expenditure of the residents of Auckland is approximately $2,228! That’s the price you pay to live in the gem of New Zealand.
3. Venice, Italy
The city’s famous canals connect a group of 120 islands. Venice is the capital of Italy’s Veneto region and the residents of this City of Canals spend around $2,277 per month!
4. Nassau, Bahamas
Nassau is the capital of Bahamas and is home to 70% of its population. The Commonwealth of Bahamas is famous for The Ultimate Holiday Destination tag. The inhabitants pay a cost of $2,307 monthly to live in this paradise!
5. Copenhagen, Denmark
Copenhagen was originally established as a fishing village, which was found by the Vikings. It was declared as the capital of Denmark in the 15th century. It’s a city with a combination of scenic beauty and well-developed infrastructure. For a city, which offers you this combination, you have to spend $2,360 monthly!
6. Dublin, Ireland
Dublin is known for its rich and diverse developments in Arts, Economy, Administration, Education, and Industry. To surround yourself with such rich knowledge in diversified fields, you have to give a monthly expenditure of around $2,375!
7. The Luxembourg City
Situated in the middle of Western Europe, Luxembourg City is home to various institutions of the European Union. The city’s monthly expenditures are around $2,476!
8. Oslo, Norway
Oslo is Norway’s financial, trading, industry, banking, and economic hub! Its population is only around 500,000, but their monthly expenditures estimate up to $2,606!
9. Doha, Qatar
The capital of the richest country in the world, Doha has a population of 1.4 million! To be a citizen of this country, you have to pay a monthly expenditure of $2,819!
10. Reykjavik, Iceland
The capital city of Iceland is the northernmost capital in the world! With its beautiful landscape and high standards of living, residents spend around $2,873 monthly!
11. Sydney, Australia
Being the capital of New South Wales, it is the most populated city of Australia! It has the world’s largest natural harbor and has a cost of living of up to $2,888 per month!
12. Honolulu, Hawaii
Honolulu has been the capital of the tourist destination islands in Hawaii since 1845. It is the most populated city among other Oceanic cities. The locals have a monthly expenditure of approximately $2,906!
13. The Singapore City
The world’s only island city-state has a grand and luxurious standard of living, with all amenities for its residents. The monthly cost of living in this Little Red Dot is $2,940!
14. Dubai, UAE
Dubai is one of the most technologically advanced locations and home to the best infrastructure in the world! Dubai is a major financial hub and a popular tourist spot as well! The residents of Dubai spend around $3,006 monthly!
15. London, United Kingdom
The Queen’s home offers its residents a beautiful view of Big Ben, the Tower of London and the London Eye. To share your city with the Head of the Commonwealth nations, you have to have a monthly expenditure of $3,228!
16. The Hong Kong City
The city of Hong Kong is a beautiful amalgamation of the concrete park and the lush green hills, with a waterfront view. The cost of living in Hong Kong is approximately $3,244 monthly!
17. Geneva, Switzerland
The beautiful and luxurious city of Geneva is home to various institutions of the United Nations. The residents spend 15% of their budget on dining out in the restaurants! To live in heaven, you need to have a monthly expenditure of $3,314.
18. New York City, United States
The city that never sleeps offers a luxurious living to its residents! The New York residents pay up to 69% of their budget on paying their rent! The monthly cost of living is estimated to be $4,207!
19. San Francisco, United States
The city, which is home to Silicon Valley, offers its residents beautiful scenery and luxurious life. Residents have a monthly cost of living of up to $4,612 and spend 70% of their budget on paying their rents.
20. Hamilton, Bermuda
The City of Hamilton in Bermuda tops our list of the costliest cities to live in, where residents pay up to $4,769; a bottle of beer costs around $6! Residents spend around 12% of their budget on dining out.