10 most expensive cities in the world

Sep 18, 2024

By: BI India Bureau

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Mercer’s 2024 cost-of-living data​

Based on Mercer’s latest report, these cities top the list of the world's most expensive urban centres for expats.

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Hong Kong ​

Once again, Hong Kong clinched the top spot as the world's most expensive city due to its sky-high rent prices and cost of living.

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Singapore​

Singapore's ranking on the list too remained unchanged due to its costly housing market, luxury lifestyle, and limited land space.

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​Zurich​

Zurich’s high salaries are offset by even higher living costs, especially in housing, dining, and public services.

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​Geneva​

Known for its luxury and global influence, Geneva remains one of the most expensive places to live, with premium prices for everything from groceries to healthcare.

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​Basel​

Basel's proximity to both Germany and France makes it a cultural hub, but its costs are driven by Switzerland's overall high price index.

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New York City, NY​

The most expensive city in the U.S., New York’s cost of living is fuelled by high rents, food, and transport costs in its iconic neighbourhoods.

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London​

London continues to be a costly place to live, with housing and daily expenses reflecting the city's status as a global financial hub.

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Nassau​

The capital of the Bahamas, Nassau, ranks high due to its expensive imported goods, luxurious real estate market, and heavy reliance on tourism.

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Los Angeles, CA​

Los Angeles combines glamour with high costs, with housing, entertainment, and transportation expenses driving up the cost of living.

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Copenhagen​

Denmark's capital offers a high quality of life but also comes with a high price tag in terms of food, housing, and transportation.

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