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CEOWORLD magazine - Latest - Education and Career - The 10 most expensive cities in the world to live for 2018

Education and Career

The 10 most expensive cities in the world to live for 2018

Singapore is still the most expensive city in the world to live in, according to a London-based think-tank the Economist Intelligence Unit Survey that rates place on the cost of daily necessities.

Meanwhile, Paris 1s the second most expensive city jointly with Zurich, with Hong Kong in fourth place, Oslo in fifth, Geneva in the sixth, and Seoul in seventh.

The report noted that Copenhagen becomes the world’s eighth most expensive city, while currency appreciation means Tel Aviv rose from thirty-fourth place five years ago to 9th today.

Notably, no American cities featured in the top ten, although New York is 13th and Los Angeles is 14th.

Which global cities have the highest cost of living?

Researchers compared the cost of more than 400 items such as cars, food, rent, and clothing. A loaf of bread cost $15.59 in Seoul versus $3.71 in Singapore, for instance, while a bottle of table wine in Tel Aviv was $28.77 but just $8.37 in Geneva.

These are the ten most expensive cities in the world to live for 2018

1. Singapore
2. Paris, France
3. Zurich, Switzerland
4. Hong Kong, Hong Kong
5. Oslo, Norway
6. Geneva, Switzerland
7. Seoul, South Korea
8. Copenhagen, Denmark
9. Tel Aviv, Israel
10. Sydney, Australia


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CEOWORLD magazine - Latest - Education and Career - The 10 most expensive cities in the world to live for 2018
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.