Wondering what are the most expensive places in the world to live in? If you wish to stay in the least expensive places of the world, then you must avoid the 7 most expensive cities. The cost of living in the cities is increasing too much in the below mentioned cities. There are indeed major differences in the cost of living between the countries. In fact, London and New York City are the world’s most expensive cities. You cannot even imagine the cost of renting a home. The Economist Intelligence Unit compiles the list of most expensive cities in the world.
Geneva in Switzerland
If you are looking for an affordable living, you must definitely avoid Geneva in Switzerland as it is very expensive. To buy an apartment here, you need to pay $10,000 per square meter which is massive. So, we can say buying a home in Geneva is a dream for many. Apart from Geneva, there are several other cities in Switzerland.
Tokyo in Japan
Tokyo is again a very expensive city of the world where a cinema ticket can cost more than $50. The city is bound to make its appearance in the list of world’s most expensive cities. In fact, the real estate scenario in the capital city, Tokyo is also expensive. There are many who just believe that Tokyo is the greatest cities of the world.
Sydney in Australia
Not only is Sydney the costliest and the biggest city in Australia, but also it is the most expensive. The cost of living here is too much as it is an expensive city. Amongst all, the property is most expensive here. Even the most average house can cost you the whopping $800,000.
Zurich in Switzerland
Looking to rent a flat in Zurich? Well, the cost of renting a flat may go up to $3000 per month. Even the basic things cost here more. For example, if you catch a cold, you may have to part with $30 for a bottle of cough syrup. Whether it is household goods, clothing, food, the cost of accommodation, transportation, everything is very high.
Oslo in Norway
Oslo is being ranked as the expensive cities of the world on several occasions. The city is still expensive, despite the fact that it occupies the 5th position in the list of 7 most expensive cities in the world. You may have to shell out $50 for a bottle of wine here.
Paris in France
If you buy a property in Paris, you got to be rich. For a square meter property, you will have to pay $10,000. Thus, it is the most unaffordable city in France. In fact, renting is a better option here. Look for a commercial area to rent a property. Paris is the least affordable city in the world.
Singapore,island city off Southern Malaysia
This island city is the most expensive places in the world where you need to part with $2000 per month to rent a property. If you wish to buy a car in Singapore, the cost will be huge and may come around to $70,000 for Volkswagen Golf.
The above mentioned cities must be avoided at every cost. There are many places that are affordable in the world.