10 most expensive cities to live in

These cities are expensive but are considered the most livable places in the world .

The most expensive cities in the world. Photo: Chris Dickens/Unsplash.

Housing and living costs reflect the standard of living in the following 10 cities. These are places where many expats come to work and live.

1. New York, USA

The soaring cost of living in the Big Apple has made the city the most expensive place for expats.

The cost of living in New York has increased sharply. Photo: The Times.

Monthly rents in Manhattan hit over $100,000 $4,200 /month for a one bedroom apartment.

Half of all households in New York cannot afford the cost of living here. Each household needs at least $100,000 /year for housing, food and transportation.

2. Hong Kong, China

Bloomberg Although Hong Kong's rents are falling, they are still hovering around $5,000 /month for a house of about 74 square meters in districts with many foreigners.

Rents in Hong Kong are high. Photo: Zoom Travel.

Rising transport fares, electricity prices and food prices are all reasons for the skyrocketing cost of living.

3. Geneva, Switzerland

The average monthly rent for a 4-room apartment in downtown Geneva is approx. 4,600 USD . But with the change in policy of the Swiss government , it will increase to 3%.

Geneva rents to increase by 3% under new policy. Photo: GetYourGuide.

4. London, England

Average monthly rents for two-bedroom apartments in London hit record highs 2,895 USD in December.

The cost of living in London has increased sharply. Photo: Travel + Leisure.

The cost of living in the city has risen so much that half of Londoners have been forced to cancel their sports TV subscriptions to ease the financial burden.

5. Singapore

Apartments with rental prices below 2,200 USD are gradually disappearing in Singapore.

Singapore surpasses Hong Kong to become the most expensive place in Asia. Photo: Freepik.

In May, Singapore overtook Hong Kong to become Asia's most expensive place for private real estate.

6. Zurich, Switzerland

The average rent in Zurich is over $4,000. Photo: Tripadvisor.

7. San Francisco, USA

The housing shortage, coupled with people returning to the office, has led to a sharp increase in rents in the San Francisco area. In the city, a one-bedroom apartment will cost about 3,000 USD /month.

Rents in the San Francisco area have risen sharply. Photo: Time Out.

8. Tel Aviv, Israel

Rents in Tel Aviv have been rising at a rapid pace since 2008 due to inflation and rising interest rates, according to data from the Central Bureau of Statistics (CBS).

Rents in Tel Aviv have increased sharply since 2008. Photo: Time Out.

The average monthly rent in this city is currently 1,904 USD .

9. Seoul, South Korea

The cost of living in Seoul is increasing due to increased public transportation fares and electricity bills.

The cost of living in Seoul is increasing. Photo: Cialusa.

Rent for a one-room apartment in a university area in Seoul is low compared to other cities, around 450 USD /month. But the deposit fee is very high, on average about 7,600 USD .

10. Tokyo, Japan

According to data from Tokyo Kantei, a local real estate data company in Japan, the average monthly rent in Tokyo ranges from 350 USD for an area of 30 m2.

Real estate prices in Tokyo are soaring. Photo: GoTokyo.

Source: https://baoquangninh.vn/10-thanh-pho-co-muc-song-dat-do-nhat-3244693.html