Travel

The Most Expensive City in the World

Published On 03/04/2015 Published On 03/04/2015
Shutterstock

Way back in 2014, Singapore was named the most expensive city on Earth. And guess what? Nothing's changed!

At least, as far as the biggest cash-suck city out there, anyway. According to the Economist Intelligence Unit's Worldwide Cost of Living 2015, which collected more than 50,000 prices for 160 services and items including food and drink, rent and housing, supplies and bills, transport, and recreational activities, the Asian metropolis came in worst of 140 cities worldwide.

Of course, Singapore's notoriously home to the world’s most expensive clothing stores, transportation costs nearly TRIPLE the amount of NYC, and table wine costs a ridiculous $25.24 for the average bottle (yep, not even the good stuff). Paris -- where you have to pay as much as $8.83 for a loaf of bread -- was named the second-most expensive metropole. And coming in third place was Oslo, where smokers cough up $15.44 for a pack of cigarettes.

Zurich and Sydney rounded out the five most expensive cities, which stayed the same from the previous year. And while European cities constituted half the results, Paris is the only city in the top 10 that uses the Euro currency.

As for the globe’s cheapest urban centers, four Indian cities made the list, while Karachi, Pakistan was named the least wallet-draining. But many of these cities are politically and economically struggling areas. Case in point: Caracas, Venezuela (aka the most miserable nation on Earth) made the cheapest 10, and you wouldn't wanna move there under pretty much any circumstance these days.

Before you cancel that dream trip to Paree, here are the 10 most and least expensive cities.

The 10 most expensive:

10. Seoul, South Korea
9. Hong Kong, China
8. Copenhagen, Denmark
7. Geneva, Switzerland
6. Melbourne, Australia
5. Sydney, Australia
4. Zurich, Switzerland
3. Oslo, Norway
2. Paris, France
1. Singapore, Singapore

And the 10 cheapest:

10. Algiers, Algeria
9. Kathmandu, Nepal
8. Damascus, Syria
7. Tehran, Iran
6. New Delhi, India
5. Chennai, India
4. Mumbai, India
3. Caracas, Venezuela
2. Bangalore, India
1. Karachi, Pakistan


Chloe Pantazi is an editorial assistant on Thrillist's travel team. Yes, that's a British accent. No, she doesn't watch Doctor Who. Follow her on Twitter at @ChloePantazi.

Clickbait

close

Learn More