It is every person’s desire always to be able to live in the finest places in the world and have the finest of everything life has to offer. There are places in this world that can give you what you are looking for; but even so, you must not be scared of the expenditures. If you are not financially stable, then kindly avoid the following places unless you want to live a substandard life here.
Here are the top 9 Most Expensive Places To Live In The World in 2017-2018
9. New York City
I know most people live to see New York City and some of them have had a taste. For some, it turned out well while for others it was not what they expected and the reasons being the high cost of living. Well, in New York, to get a loaf of bread you can spend up to $7.95, to get a bottle of wine you will send around $14.74, and to get a liter of gas, you will need %0.61. At least the price of gas is not that high. Even so, you cannot eat gas or live at a gas station. As much as you would like to move to New York, ensure that you can keep up with life so that you can have the time of your life.
8. Paris, France
Paris is a city that has a lot of romantic feel to it. Many couples all over the world can attest to this fact. This is because many of them get engaged there, wed there or go for their honeymoon there. However, people do not think of living there. Maybe it is because it is one of the most expensive places to live in the world. Acquiring a home in Paris is no joke. The cost of living in Paris is relatively high, and some of the things that you can easily afford include alcohol and cigarettes which are not close to being basic needs. The cost of a loaf of bread in Paris is around $6.81, that of a bottle of wine is $10.35, and that of a liter of gas is $1.45.
Vancouver is yet another place that you will not want to live in when you can hardly make ends meet at the end of the month. Vancouver has a very high median multiple of 11.8, and the housing prices have been rising. Having a home is a very important factor in life because at the end we all need that specific place where all our memories will forever be. And getting that special place in Vancouver can be a costly thing to do. It is precisely because of this high median multiple that Vancouver is on our list today.
Sydney is a place that one can have a great stay while living there and in as much as one would desire the life that Sydney has to offer, it may not come cheap to many people. This is particularly because of the high median multiple which is a division of the median house price divided by the median income. When the median multiple is as high as this 12.2, then the indication is that it is relatively a ‘high living cost’ area. Therefore, you have to be ready to embrace whatever may come your way and stretch that budget a little.
5. Tokyo Japan
Tokyo is yet another amazingly beautiful city that will fascinate your being with all its beauty. For you to be able to live in this city, you must be able to keep up with the expenditures. You have to be ready to part with $7.41 for a loaf of bread, $11.89 for a bottle of wine, and $1.24 for a liter of gas. When you are ready for all these, then you are ready for Tokyo. The cost of living is relatively high, and therefore you have to keep up with other people if you do not want to have a miserable stay in Tokyo.
4, Geneva, Switzerland
Geneva is an exquisite city to live in, and I bet that is the reason why many people and especially foreigners always love it. As compared to Zurich, Geneva is relatively cheaper but not cheap enough for a common guy. The cost of living in Geneva is way too high, and for many people, it is something that you cannot be able to handle unless you receive a big fat check at the end of the month. This is a place where even their entertainment and recreational activities are expensive. You can only imagine the cost of those things that matter. The average price for a loaf of bread here is around $6.62, a bottle of wine goes for around $8.20, and a liter of gas at $1.52.
3. Zurich in Switzerland
Zurich is a place that we can say has high-income levels for most of the people that live there. We can also say that the price levels for things are relatively high. To add on to these two facts, Zurich is an expensive place generally with high costs for housing. These are some of the facts that make this city is among our top three most expensive cities to live in right now. With a high standard of living, it is only fair that you ask for a high salary when you move to this place. You will need the extra cash you can get your hands on. The average price for bread here is $5.66, $14.17 for a bottle of wine, and $1.49 for a liter of gas.
Singapore is a magical city that can easily charm anyone. If you keep hearing people taking a vacation to Singapore, do ever question them. Its beauty is what draws them to this place. The lifestyle in Singapore needs you to have enough money in your bank account to sustain it. When you look at things like groceries and the likes, their prices are relatively affordable, but the lifestyle cost is what makes Singapore an expensive city. The cost of bread can cost up to $3.55. $23.68 for a bottle of wine, and $1.44 for a liter of gas. At least gas is cheaper than in Zurich.
1. Hong Kong
Hong Kong is a beautiful place, and it is also full of life. I am sure that many people would wish to live in Hong Kong, but studies have revealed why it may not be a smooth ride as some people may think. Hong Kong is proving to be the most expensive place to live in the entire world. Hong Kong is located in China, and not many people can afford to live there with a median multiple of around 18.1. In as much as it has come a little lower, it is not a significant drop as expected. The average cost of a loaf of bread in Hong Kong is around $4.62, a bottle of wine is $15.72, and a liter of gas is $1.73. Add this to unaffordable housing, and you have yourself an unlucky winner.
If your heart wants to live in one of these places, then be my guest. The only requirement is that you can give yourself the best life while living there. If you cannot, then just stay where you are until you can afford the lifestyle.