The top 10 most expensive cities in the world


The top 10 most expensive cities in the world

The annual cost of living survey by a human resources company Mercer is, which cities are the most costly for the expat community and how much money you will get.

To determine the ranking, EIU compares prices of more than 400 products and services worldwide, including food, drinks, clothing, household supplies, and transportation. Thereafter, each city has been ranked on the World Coast of Living (WCOL) index compared to New York, in which New York allocates a score of 100. Other cities earn a relative score, where a one-point increase or decrease 1% living costs change

10. Copenhagen

Currency: Danish

Economic: – Copenhagen is Denmark’s main economic and financial center. The city’s economy is mostly based on services and commerce. 2010 statistics show that the vast majority of 350,000 employees in Copenhagen are in the service sector, especially in the transportation and communications, business and finance, while fewer than 10,000 jobs in manufacturing industries. The number of public sector employees is approximately 110,000, including education and healthcare. From 2006 to 2011, the economy grew 2.5 percent in Copenhagen, while it dropped by 4 percent in the rest of Denmark. [115] In 2010, Denmark’s huge capital was € 88,366 million in gross domestic product (GDP) and the EU had the 15th largest GDP per capita of territories.

9. New York

Currency: Doller

New York City includes 5 boroughs, where the Hudson River meets the Atlantic Ocean. Its main part is Manhattan, which is a crowded borough that is one of the world’s largest commercial, financial and cultural centers. Its iconic sites include skyscrapers such as Empire State Building and Sprawling Central Park. Broadway Theater is organized in Neon-Lit Times Square.

8. Paris

Currency: Euro

Paris is the capital of France and the most populous city. It has 105 square kilometers (41 square miles) and the 2015 population is 2,229,621, which is within its administrative limits. The city is a commune and department and it makes the center and headquarters of the Ile-de-France or Paris region, which has a population of 12,012 square kilometers (4,638 square miles) and 12,142,802 in 2016, of which approximately 18 percent of France’s population. [5] By the 17th century, Paris was one of Europe’s main centers of finance, commerce, fashion, science, and art, and it still retains its position today. In 2012 the GDP of Paris region was $ 624 billion (687 billion US dollars), which accounts for 30.0 percent of France’s GDP.

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7. Geneva

Currency: Swiss franc

Economic: – Geneva is a city in Switzerland that is located on the southern tip of the large Lak Lemon (Lake Geneva). Mont Blanc’s view of the city is dramatic, surrounded by the Alps and the Jura mountains. United Kingdom’s headquarters of the United Nations and the Red Cross is a global hub for diplomacy and banking. French influences are extensive, Gastronomy and Bohemian districts, such as Caroise.

6. Seoul

currency: South Korean Won

Economic: – The largest wholesale and retail market in South Korea, Dongdaiman Market, is located in Seoul. Myongdong is a shopping and entertainment area in downtown Seoul, which is home to high-end stores, fashion boutiques, and international brand outlets. [The nearby nomadic market, named after the Namdiman Gate, is the oldest continuing market in Seoul.

Insmond is Seoul’s cultural art market, where traditional and modern Korean artwork, such as paintings, sculptures, and calligraphy are sold. Provides Hingkong-Dong Flee Market and wildly antique market antique products. Some shops for local designers are open in the summoong-dong, where there are numerous small art galleries. Itaewon was primarily based in the city of foreign tourists and American soldiers, Koreans now include most of the area visitors. The Gangnam district is one of Seoul’s most affluent areas and is known for fashionable and upscale Upgang-Dong and Cheongdam-Dong areas and COEX mall. Wholesale markets include the Norienjagen Fisheries wholesale market and consumer market.

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5. Osaka


currency: Japanese Yen equals

Economic: – Osaka’s total city production in fiscal year 2004 was ¥ 21.3 trillion, which is 1.2% higher than the previous year. This figure accounts for approximately 55% of the total production in Osaka Prefecture and 26.5% in the Kiki region. In 2004, there were three industries, respectively, of commerce, services and production, which were 30%, 26% and a total of 11%. The per capita income in the city was approximately ¥ 3.3 million, which was 10% higher than Osaka Prefecture. [43] MasterCard Worldwide noted that Osaka is ranked 19th in the world’s leading cities and plays an important role in the global economy.

4. Tokyo

currency: yen

Economic: –Tokio, officially Tokyo Metropolis, is the capital of Japan and is one of its 47 prefectures. The Greater Tokyo area is the most populous metropolitan area in the world. [8] It is the seat of the Japanese emperor and Japanese government. The main island of Tokyo is in the southeast of the canto region of Honsuo and includes the isoo islands and the islands of the oasaura. [9] Formerly known as Edo, it has been the real seat of government since 1603, when Shogun Tokugawa Iasue built the city’s headquarters. Emperor Meiji moved his seat in the city from Kyoto’s old capital in 1868, he officially became the capital; At that time EDO was changed to Tokyo. Tokyo Metropolis was founded in 1943, with the acquisition of Tokyo Prefecture and Tokyo City

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3. Zurich

currency: US Dollar

Economic: – Zurich is located on the north of Lake Zurich in the city of Northern Switzerland, a global center of banking and finance. The charming lane of Central Altstadt (Old Town), on the banks of Limmitte River, reflects pre-medieval history. Promotes waterfront like Limmatakayya, which follows the river towards the 17th century Rathaus (Town Hall).

2. Hong Kong

currency: Hong Kong dollar

Economic: – Hong Kong is an autonomous region and former British colony in Southeastern China. It’s vibrant, densely populated city center is a major port and global financial center with a skyscraper stack line. Central (Business District) I.M. Pei offers architectural landmarks such as the Bank of China Tower. Hong Kong is also a major shopping destination, known for Beskoc Taylor and Temple Street Night Market.

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1. Singapore

currency: Singapore dollar

Economic: –Singapore, an island city state in southern Malaysia, is a global financial center with a tropical climate and multicultural population. Its colonial centers on Padang, the 1830s cricket field, and now with the palace of 18 of its 18 Corinthian colonies in the City Hall. Singapore’s Syrka-1820 Chinatown has a red and gold Buddha Tooth Relic Temple, which told one of the Buddha’s tooth.

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Referenced by : – Wikipedia