On Wednesday, the Economic Intelligence Unit published the list of the most expensive cities to live in 2021. The data was collected by a worldwide cost of living survey. The survey covers the expensive as well as the cheapest cities.
Let’s take a look at the world’s most expensive cities to live in 2021:
10. Osaka, Japan
Osaka is a port city located in the Kansai region of Honshu in Japan. It is the 2nd largest metropolitan area in Japan. Not only today but also traditionally, Osaka was the financial hub of Japan. Various MNC’s including Panasonic have their origins in Osaka.
9. Los Angeles, CA
Los Angeles ranks 9th on the list of the world’s most expensive cities to live in 2021. L.A is the home of the richest entertainment industry, Hollywood. The city is not only known for its culture & climate but is also the busiest container port in the US.
8. Copenhagen, Denmark
Copenhagen is the capital city of Denmark & ranks 8th on the list of the world’s most expensive cities. The culture of the city is a mixture of the heritage of Vikings & the art of the Renaissance. One of the most developed cities of Northern Europe, Copenhagen has successfully made its spot in the list of the most expensive cities.
7. Geneva, Switzerland
Geneva is a port city located in the western part of Switzerland. Geneva is not only a global city in terms of finance but also in diplomacy. Organizations like the United Nations & Red Cross have their bureaus in Geneva. The heart of Switzerland ranks 7th on the list of the most expensive cities.
6. New York City, NY
The financial & cultural capital of the world also called as capital of the world, New York City ranks 6th on our list. With headquarters of various MNC’s & two of the world’s largest stock exchanges, the city is financially overpowered. Not only the government policies but the geographical location are in favour of NYC making it one of the largest natural harbours in the world.
5. Hong Kong
Hong Kong is one of the most populated & developed cities in the world. Located in the southern part of China Hong Kong is the world’s 10th largest exporter. The city of skyscrapers, Hong Kong is the 5th most expensive city in the world.
4. Zurich, Switzerland
Zurich, located in the North-Eastern part of Switzerland is the 4th most expensive city in the world. It is also the largest city in Switzerland. Despite a very low population, Zurich is one of the most financially important cuties in the world.
Singapore is not only one of the most developed cities in Asia but also in the world. Home to several financial institutions, Singapore ranks 3rd on the list of the world’s most expensive cities in the world. The culture of the city is a mixture of traditional & western culture, the city has the second greatest population density in the world.
2. Paris, France
The fashion capital of the world, Paris is the 2nd most expensive city to live in 2021. Paris is financially & diplomatically the most important city in Europe.
1. Tel Aviv, Israel
Tel Aviv, located on the Israeli Mediterranean coastline is the most expensive city in the world. The city is also known as the world’s Vegan food capital as the majority of the population is vegan. The city consists of traditional Jewish & modern architectures & has the 3rd largest economy in the Middle East.