Human Beings are modernizing with time and so are the cities we live in. Evert major city in the world is part of a race to become the best place in the world to live in. As cities are becoming fancier in outlook, so are the costs of living as well. This article discusses the top ten most expensive cities in the world to live in.
Singapore has continued to be the most expensive place to live in for the past few years. It offers some of the best facilities for its residents. Singapore is a one “City-State”, hence the prices are high. Housing, food and travel are very expensive in Singapore. However, the standard of living in the city is very high which make Singapore the most expensive city in the world to live in.
2. Paris, France
Paris comes second on the list of most expensive cities to live in. It is quite evident as Paris is the Capital of one of the most extremely centralized countries in the world. Paris is also one of the most visited cities as well, with more than 80 million tourists visiting Paris on an annual basis. The historical heritage of the city to adds value to it. Hence, facilities like food, housing, etc. are very expensive in Paris.
3. Zurich, Switzerland
Switzerland is a dream destination for anyone out there. What makes Zurich so expensive? It is the fact that everything available there is of the best quality possible. Food, restaurants, commodities, etc. are of the best quality in the world. Hence, with quality comes a hefty price tag as well. Zurich is a very well-planned city and is very compact as well. Thereby it’s safe to say that Swiss rents are very high. Public transportation too isn’t cheap as they incorporate some of the most advanced systems in the world. These factors make Zurich one of the most expensive cities in the world.
4. Hong Kong
Hong Kong is a very expensive place to live in. Owing to the scarcity of land in the tiny single city nation, rents are very high in Hong Kong. Basic commodities such as food and transportation too are very high in Hong Kong.
5. Oslo, Norway
Oslo has continuously been ranked as one of the most expensive cities in the world. Public services are very expensive here. As per certain studies, you need an approximate of USD 5,000 per month to meet your basic expenses. That is crazy expensive, but the prices are high since the wages on offer in Oslo are sky high well. Hence, to truly survive here, one must carefully plan out his/her expenditure.