Top 5

Top 5 Most Expensive Cities in the World

Everyone curious to know that which is the most expensive cities in the world. In modern world people are adopting new technologies and new life style its makes differences in various cities across the globe. Expenses differ from one city to another. Here we are listing out top 5 most expensive cities in the world. Lets check it out below.

Singapore

Singapore

Singapore is one of the top expensive city in the world. Singapore’s complex certificate of entitlement system makes car prices excessive, with Singaporean transport costs almost three times higher than in New York and  and home prices had reached record highs in recent years. High demand for expat accommodation and goods, coupled with a strong currency, that all make Singapore so expensive. Fuel costs have increased and rents have increased sharply over the past few year. Alcohol is also taxed at a high rate

Hong Kong

Hong Kong

Hong Kong is one of the most expensive cities in the world in which to live and in the 2012 it consistently ranks as one Mercer survey. Expatriates who wish to buy or rent here will face high costs. It is especially accommodation, healthcare, and international schooling that makes expensive in Hong kong. keeping and using a car can make a lot to your expenses per month. Gas prices are also high.

London

London

London is one of the most expensive cities in the world. The average rent for a two-room furnished apartment in London compared with Beijing where it would be £740 ($1,150) and in London it would be £1,828 ($2,840). Restaurants are also more expensive for comparable quality food and clothes are as expensive.

New York

New York

New York is also one of the most expensive cities in the world.  According to the Department of Housing and Urban Development, the median rent for a two bedroom apartment is $1,638 in the New York metro area and the average home price in the New York metro area is $455,500. The average parking rate in downtown Manhattan is $533 per month it more than twice the rate in other expensive cities.

Geneva

Geneva

Geneva is considering as one of the most expensive cities in the world. In Geneva cost of living, wages and rents are very high. Food items are also very expensive in Geneva. In hotel dining, with average daily costs of £56.52. Housing and utilities, food, healthcare, clothing and leisure activities cost are expensive in Geneva. Geneva was ranked as the fourth most expensive city in the world in 2009.

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