These Are The World's Most Expensive Cities To Live In
Everyone dreams of moving to a big city in a foreign country and living the life they do. But the cost of living has only increased over the years. Paying for necessities like housing, power, water, groceries, clothing, and gas for your vehicle can add up. But in some of the countries, the cost of living is astronomical, making it a struggle for many individuals and families to make a living.
According to the Economist Intelligence Unit (EIU), Israel¡¯s Tel Aviv has leapfrogged Hong Kong and Singapore to become the world¡¯s most expensive city to live in in 2021.
Tel Aviv an Israeli city climbed from fifth place last year to top the Worldwide Cost of Living 2021 report for the first time, pushing Paris down to the joint-second most expensive city with Singapore.
From Israel¡¯s Tel Aviv to France Paris the Economist Intelligence Unit (EIU) conducted research that compares more than 400 individual prices across 200 products and services in 173 cities.
If you are thinking of relocating, then read through this list before you do, as you might be shocked to find out just how expensive some of the cities are.?
Here¡¯s a list of the top 10 most expensive cities to live in the world:
1. Tel Aviv, Israel
Tel Aviv is Israel¡¯s cultural and commercial capital and is the world's most expensive city to live in in 2021 according to EIU.
Tel Aviv was founded in 1909 as a suburb north of the ancient city of Jaffa, believed to be the oldest port in the world. Tel Aviv is Israel¡¯s cultural and commercial capital. Tel Aviv is world-renowned for its high-quality restaurants and world-class cafe culture, as well as a superb nightlife scene.
The Israeli city Tel Aviv topped the EIU¡¯s December 2021 worldwide cost of living index for the first time ever, climbing up from fifth place last year.
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2. Paris, France (joint second)
A new report has named Paris as the world's second most expensive city to live in, together with Singapore. Paris and Singapore came joint second, followed by Zurich and Hong Kong. Last year, the survey put Paris, Zurich and Hong Kong in the joint first place.
There's a reason Paris is one of the most expensive and popular cities among travellers. Known as the ¡°City of Light¡± or the ¡°City of Love,¡± the streets of Paris overflow with culture, art, beauty, and history. There are at least three replicas of the Statue of Liberty in Paris.
2. Singapore (joint second)
Singapore become the joint second to 2021 world¡¯s most expensive city to live in, according to the Economist Intelligence Unit (EIU).
Singapore is a small but prosperous island nation that has a lot to offer when it comes to quality of life and individual growth. Although a little red dot on the world map, the country is very conducive for families and raising kids in a happy and safe environment.
4. Zurich, Switzerland
Zurich is an upmarket banking city and the financial capital of Switzerland. It, therefore, comes as no surprise that it's often labelled as the fourth most expensive city in the world.
Zurich is famous for luxurious lifestyles, high-end shopping, and fancy chocolates.? However, despite its expense and extravagance, it is also ranked as one of the best cities to live in the world.
5. Hong Kong
A city where skyscrapers meet centuries-old temples, Hong Kong is also known for its night markets filled with delights like dim sum and egg waffles. But there's so much more to this vibrant city.
This year Hong Kong listed fifth in the list of the most expensive city to live in around the world, according to the Economist Intelligence Unit (EIU).
6. New York City, USA
New York City is a major destination in large part because of its unique, iconic sites; The Statue of Liberty, Times Square, Broadway, The Empire State Building and many more.
The City That Never Sleeps, New York has to be one of the most famous cities in the world. Often referred to as the 'Big Apple', this vibrant city is known for its exclusive shops, flashy Broadway performances, and high-flying business tycoons, and it's a city that has long captivated people from all over the world. New York City listed sixth in the world's most expensive cities to live in in 2021.
7. Geneva, Switzerland
Most of the things we love about Geneva have a lot to do with the possibilities you can enjoy within the city, by the scenic lakeshores and throughout the splendid countryside not far from the city centre. Find out below, the great sights, flavours, action, and culture of this remarkable Swiss city that make us visit Geneva, again and again.
Swiss city Geneva become the seventh world¡¯s most expensive city to live in, according to the Economist Intelligence Unit (EIU).
8. Copenhagen, Denmark
Copenhagen is known for being the city of fairy tales. Reputed to be the happiest city in the world, Copenhagen is known for its canals, excellent food, Tivoli Gardens. It is also famous for the Danish language, its community spirit and the beer breweries.
Capital and largest city of Denmark Copenhagen become the eighth world¡¯s most expensive city to live in, according to the Economist Intelligence Unit (EIU).
9. Los Angeles, USA
Los Angeles is one of the world's most famous cities. The city is internationally known for being the home of the rich and famous, Hollywood, the main home of major entertainment companies, bad traffic and ethnically diverse.
The second-largest city in America Los Angeles listed in a ninth-place on EIU¡¯s 2021 world's most expensive cities to live in.
10. Osaka, Japan
Osaka is best known for its amazing casual food and outgoing locals. It's arguably Japan's street food capital and among food lovers is famous for snacks including takoyaki and okonomiyaki. Osaka is also renowned for its lively, extroverted locals who make eating and drinking in Osaka an unforgettable experience.
This year Osaka city is listed in the top 10 world's most expensive cities to live in, according to research conducted by Economist Intelligence Unit (EIU).
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