When it comes to the world's most expensive cities, opinions are mixed: It's Singapore! No, it's London! No, it's Sydney! We hear a lot of different reports about the world's cities where your wallet takes the greatest hit, and a new analysis by the experts of Insidermonkey has a different take on the rankings of 20 most expensive cities to live in the world in 2015. In case you are wondering about it, don't hesitate and visit the featured article already!
Cost of living is often the top priority when deciding where to move. Most future homeowners hunt for cities with daily living expenses that are both reasonable and affordable. In that case, these places should not be on their list. The most expensive cities in the world are mostly in Asia and Western Europe, according to the Economist Intelligence Unit’s Worldwide Cost of Living survey. And that's why experts ranks global cities on the average costs of food, rent, school tuition and more, to find out where everyday life comes with the highest price tag.
Such cities tend to have a high cost of living, in order to be able to pay for the convenience and luxury afforded to them. Even visiting them for a short while can significantly affect your wallet, as evidenced in the 10 most expensive cities in the world to visit.
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