Top 10 most expensive cities in the world - ForumDaily
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Top 10 most expensive cities in the world

To help those planning to move for an international career, a ranking of the most expensive cities in the world to live has been compiled, the publication explains. Time-out.

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Some move in search of cheaper living and accessible services (especially those who work remotely, that is, “digital nomads”). Others, on the contrary, are drawn to the most expensive cities in the world - this is where brilliant career prospects open up. Which cities are the most expensive to live in for those who come to work there?

Mercer, a financial services company that conducts research for multinational companies to find out how to better compensate their employees abroad, conducted the study. It covered 226 cities. 200 factors influencing the cost of living were analyzed, including transportation costs, prices for food, clothing and entertainment.

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The study found that the two most significant factors affecting the cost of living are house prices and inflation. Hong Kong has once again in the last five years ranked first among the most expensive cities in the world, while Singapore is second. Four Swiss cities - Zurich, Geneva, Basel and Bern - are third, fourth, fifth and sixth respectively. London rose nine positions and entered the top 10 of the ranking.

Here are the 10 most expensive cities for those who come there to work:

  1. Hong Kong
  2. Singapore
  3. Zurich, Switzerland
  4. Geneva, Switzerland
  5. Basel, Switzerland
  6. Bern, Switzerland
  7. New York, USA
  8. London, Great Britain
  9. Nassau, Bahamas
  10. Los Angeles, USA

You can learn more about Mercer's research results at its site.

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