The 10 Most Expensive Cities in the World
Find out the 10 cities that The Economist Intelligence Unit names as the most expensive. Count down with us.
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10: Tel Aviv
The only Middle Eastern city to rank in the Economist Intelligence Unit think tank's survey of the 133 most expensive cities in the world, this cosmopolitan Israeli city tied with another American city as the 10th most expensive in the world. The survey compared the cost of over 100 items in cities around the world including food, drink, transportation and rent to determine the 10 most expensive. The EIU survey also ranked the 133 cheapest cities in the world which were, not surprisingly, war torn or engaged in monumental economic crisis. Caracas, Venezuela ranked as the cheapest city in the world followed by Damascus, Syria and in third place, Tashkent, Uzbekistan.
10: Los Angeles
Tied for the number 10 slot with Tel Aviv, the movie capital of the world, Los Angeles.
7: New York City
Manhattan tied with another city for the #7 slot on the Economist Intelligence Unit ranking of the most expensive cities in the world. For the 30 years that the EIU has been doing its study of the most expensive cities, New York City has been used as a benchmark to measure other cities against.
Copenhagen, Denmark is beautiful, historic, filled with great restaurants and cultural treasures. It is also expensive, tied with New York City and one other city as the 7th most expensive city in the world.
The costs of over 160 products and services go into determining the most expensive cities in the world. One thing that's certain: expensive cities also have a wealth of incredible products and services for tourists and locals to choose from. The 7th most expensive city in the world, Seoul also offers the very unique Korean Wine and Cinema Train. This one-of-a-kind train ride runs along the Seoul to Chung-buk Yeongdong train line, offering unlimited wine tasting, live performance and movies. Upon arrival at Yeongdong Station, travelers take a bus to the Wine Korea garden where they can enjoy a buffet luncheon, visit the traditional music museum and enjoy a wine foot bath.
Endless shopping opportunities like the Shin Sai Bashi Suji main shopping district in Osaka are one of the reasons why this Japanese city is tied with one other European city as the 5th most expensive in the world. Read on to see that tied city.
At $13,400, the one-bedroom Royal Suite at the Four Seasons Hotel des Bergues in Geneva gives new meaning to the phrase luxury hotel and explains why Geneva is among the top 10 most expensive cities in the world.
This view of Zurich's old town, St. Pete's Church clock tower and the Limmaut River shows some of the charm of this Swiss city. But Zurich is also the largest city in the country and one of the financial capitals of the world. It has also been spotlighted in a 2012 Monocle article, for a city with one of the highest qualities of life in the world.
1: Hong Kong
Hong Kong tied with two other cities for the number one slot this year, a European city and another Asian city. Read on to find out what cities tied for the number 1 slot.
Ranked the second most expensive city in the world last year, the City of Love moved up to share the number one slot with two other cities in this year's most expensive city rankings by the Economist Intelligence Unit.
The Economist Intelligence Unit survey looked at cities around the world to determine the 133 most expensive. Singapore tied with Paris and Hong Kong as number one in the top priciest cities. It is the sixth time Singapore has been the number one most expensive city in the EIU survey.