Top 10 Most Expensive Places to Live
- 9 years ago
#10: Vancouver, British Columbia, Canada
Although it is notable for its scenery, cleanliness, ethnic diversity, and mild temperatures, this coastal seaport city is also infamous for having Canada's most expensive housing market and for being one of the world's least affordable major cities. In mid-2014, the average home in Vancouver cost almost $800,000, and a standard condominium apartment cost up to $720,000 in parts of the city
#9: San Francisco, California, USA
Although New York has frequently made appearances on lists of the priciest cities in the United States, it has yet to be beat sunny San Fran. Renting a one-bedroom apartment here at the beginning of 2015 cost a median of $3,400 - $400 higher than the same apartment in New York!
#8: Sydney, New South Wales, Australia
It may be down under, but the price tags are up over! The biggest and arguably flashiest city on this country-continent, buying property here will cost no less than $700,000, as this most expensive of Aussie cities is known for having some of the most overvalued houses in the Western world.
#7: Oslo, Norway
There's lot to see in this northern European capital city, as long as you don't mind paying for it. Imagine walking into the average restaurant and spending $20 on a pint of beer; yes, as of 2014, Oslo was the most expensive place in the world to buy beer. It could cost $900 to buy a suit and close to $10 for a dozen eggs
#6: Hong Kong, China
Though it's one of the most densely populated cities in the world and certainly a major tourist attraction, moving here just might introduce you to a few heart-stopping financial realities. After buying some expensive imported groceries at your local store, filling up your car with fuel that costs over $2 a liter, and stopping for a coffee that costs $6 a cup, you would head to your average 2-bedroom apartment that costs almost $7,000 a month to rent. This is one city where a vacation just might be cheaper than a staycation.
#5: Zürich, Switzerland
Though it was a close competition between this major Swiss city and Geneva, where a city-based apartment generally costs almost $16,000 a square meter, Zurich has won our title of most expensive Swiss city. Just to give you an idea of how expensive, in 2012, it was 70% more expensive to live in than New York…and the Big Apple isn't exactly what you'd call affordable. Featuring average cocktails and movie tickets at more than $20 and over $50 for a men's haircut, this is one city that'll make you appreciate where you live.
#4: Moscow, Russia
High inflation is just one of the reasons this Russian capital is a pain for foreigners to live in. Try to get used to spending almost $7 for a liter of milk and almost $9 to buy a newspaper, and if you're just visiting for a time, beware of the pricing system in place for tourists. Since foreigners are charged much higher than locals, a taxi trip that would cost a local $5 might cost you $25, and a hotel room can double or triple in price after you book it!
#3: Singapore
With the average citizen making a bit over $3,000 a month, and average rent for a two-bedroom apartment costing the same, this city-state and commercial hub leaves residents with very little to no disposable income to put away for a rainy day. If you manage to tuck away a few dollars a month to purchase a new family car, something like a Volkswagen Golf for example, get ready to tuck for a while-it'll cost you well over $90,000. Sometimes, it's worth it to just walk to work.
#2: London, England
Welcome to our list's most expensive city of the Western world. With high rent, transport costs averaging $200 a month, and fuel sometimes costing more than double what it is in Los Angeles and up to almost $3 a liter, it's a gorgeous and historic city that nevertheless exerts quite the toll on its people. Also one of the most expensive major cities in the world to buy electronics, there have been pushes in the last few years to bring the chokehold employers have on their employees' wages to an end.
Before we unveil our top pick, here are a few dishonorable mentions:
- Paris, France
- Copenhagen, Denmark
- Stockholm, Sweden
#1: Tokyo, Japan
While inflation and cost of living fluctuates from week to week, month-to-month, and year-to-year, Tokyo's consistently notorious prices have earned it the top spot as the most expensive city in the world. Although Osaka also boasts insane costs, Tokyo is where a trip for two to the movies will set you back over $65 with just a pair of tickets costing over $35. In addition, a cup of coffee averages close to $7, and a one-bedroom apartment could go on sale for more than $23 million
Although it is notable for its scenery, cleanliness, ethnic diversity, and mild temperatures, this coastal seaport city is also infamous for having Canada's most expensive housing market and for being one of the world's least affordable major cities. In mid-2014, the average home in Vancouver cost almost $800,000, and a standard condominium apartment cost up to $720,000 in parts of the city
#9: San Francisco, California, USA
Although New York has frequently made appearances on lists of the priciest cities in the United States, it has yet to be beat sunny San Fran. Renting a one-bedroom apartment here at the beginning of 2015 cost a median of $3,400 - $400 higher than the same apartment in New York!
#8: Sydney, New South Wales, Australia
It may be down under, but the price tags are up over! The biggest and arguably flashiest city on this country-continent, buying property here will cost no less than $700,000, as this most expensive of Aussie cities is known for having some of the most overvalued houses in the Western world.
#7: Oslo, Norway
There's lot to see in this northern European capital city, as long as you don't mind paying for it. Imagine walking into the average restaurant and spending $20 on a pint of beer; yes, as of 2014, Oslo was the most expensive place in the world to buy beer. It could cost $900 to buy a suit and close to $10 for a dozen eggs
#6: Hong Kong, China
Though it's one of the most densely populated cities in the world and certainly a major tourist attraction, moving here just might introduce you to a few heart-stopping financial realities. After buying some expensive imported groceries at your local store, filling up your car with fuel that costs over $2 a liter, and stopping for a coffee that costs $6 a cup, you would head to your average 2-bedroom apartment that costs almost $7,000 a month to rent. This is one city where a vacation just might be cheaper than a staycation.
#5: Zürich, Switzerland
Though it was a close competition between this major Swiss city and Geneva, where a city-based apartment generally costs almost $16,000 a square meter, Zurich has won our title of most expensive Swiss city. Just to give you an idea of how expensive, in 2012, it was 70% more expensive to live in than New York…and the Big Apple isn't exactly what you'd call affordable. Featuring average cocktails and movie tickets at more than $20 and over $50 for a men's haircut, this is one city that'll make you appreciate where you live.
#4: Moscow, Russia
High inflation is just one of the reasons this Russian capital is a pain for foreigners to live in. Try to get used to spending almost $7 for a liter of milk and almost $9 to buy a newspaper, and if you're just visiting for a time, beware of the pricing system in place for tourists. Since foreigners are charged much higher than locals, a taxi trip that would cost a local $5 might cost you $25, and a hotel room can double or triple in price after you book it!
#3: Singapore
With the average citizen making a bit over $3,000 a month, and average rent for a two-bedroom apartment costing the same, this city-state and commercial hub leaves residents with very little to no disposable income to put away for a rainy day. If you manage to tuck away a few dollars a month to purchase a new family car, something like a Volkswagen Golf for example, get ready to tuck for a while-it'll cost you well over $90,000. Sometimes, it's worth it to just walk to work.
#2: London, England
Welcome to our list's most expensive city of the Western world. With high rent, transport costs averaging $200 a month, and fuel sometimes costing more than double what it is in Los Angeles and up to almost $3 a liter, it's a gorgeous and historic city that nevertheless exerts quite the toll on its people. Also one of the most expensive major cities in the world to buy electronics, there have been pushes in the last few years to bring the chokehold employers have on their employees' wages to an end.
Before we unveil our top pick, here are a few dishonorable mentions:
- Paris, France
- Copenhagen, Denmark
- Stockholm, Sweden
#1: Tokyo, Japan
While inflation and cost of living fluctuates from week to week, month-to-month, and year-to-year, Tokyo's consistently notorious prices have earned it the top spot as the most expensive city in the world. Although Osaka also boasts insane costs, Tokyo is where a trip for two to the movies will set you back over $65 with just a pair of tickets costing over $35. In addition, a cup of coffee averages close to $7, and a one-bedroom apartment could go on sale for more than $23 million