CEO Confidential

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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Dr. Amarendra Bhushan Dhiraj
Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, and high net worth individuals.
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