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

Executive Education

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 - Executive Education - The 10 most expensive cities in the world to live for 2018
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received 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. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.