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Most Expensive Cities in the World 2017

These are the Top 10 Most Expensive Cities in the World 2017


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To determine the ranking according to the Economist Intelligence Unite’s annual worldwide cost of living survey. The EUI compared the prices of superior 400 products and services worldwide, including drink, food, clothing, household supplies, and transportation. Every city which is ranked in comparability to New York on the World Cost of Living Index, with New York appointed a score of 100. The most expensive cities in the world 2017 have been discovered in the 14th annual Demographia International Housing Affordability Survey.

Cost of living in the city of these most expensive cities are different according to their EUI. Using the mean multiple conceptualisations the average house price divided by the mean household income. The data shows that most “severely low-cost primary housing markets” are in New Zealand, Canada, Australia, China, the US, and the UK. Oliver Hartwich, the enforcement director of the think armored vehicle behind the research, The New Zealand Initiative, said:

“The number of severely unaffordable major housing markets rose from 26 to 29. We need to tackle housing affordability urgently because the effects of unaffordable housing on society are becoming more visible by the day … We should not accept extreme price levels in our housing markets. High house prices are not a sign of city’s success but a sign of failure to deliver the housing that its citizens need.”

Asian cities dominate the list with Hong Kong and Singapore earning the top two musca volitans. New York is the single city in the US to crack the list of top 10 most expensive cities in the world 2017.

10 Most Expensive Cities In The World 2017

Mark out the list of most expensive cities mentioned below with average price of bread, a liter of gas, and wine bottle included for context and all prices are listed in USD.

10- Copenhagen, Denmark

Loaf of bread average price is $3.55

Bottle of average wine price is $12.87

Liter Gas average price is $1.63

9- New York, United States

Loaf of bread average price is $7.95

Bottle of wine average price is $14.74

Liter of Gas average price is $0.61

8- Paris, France

Loaf of bread average price is $6.81

Bottle of wine average price is $10.35

Liter of Gas average price is $1.45

Bateau Mouche Best Things to Do and See in Paris

7- Geneva, Switzerland

Loaf of bread average price is $6.62

Bottle of wine average price is $8.20

Liter of Gas average price is $1.52

A Beautiful View of Geneva

6- Seoul, South Korea

Loaf of bread average price is $14.82

Bottle of wine average price is $26.54

Liter of Gas average price is $1.28

5- Osaka, Japan

Loaf of bread average price is $5.91

Bottle of wine average price is $13.33

Liter of Gas average price is $1.18

Sleeping Beauty

4- Tokyo, Japan

Loaf of bread average price is $7.41

Bottle of wine average price is $11.89

Liter of Gas average price is $1.24

3- Zurich, Switzerland

Loaf of bread average price is $5.66

Bottle of wine average price is $14.17

Liter of Gas average price is $1.49

Zurich Most Expensive Cities in the World 2017

2- Hong Kong

Loaf of bread average price is $4.61

Bottle of wine average price is $15.72

Liter of Gas average price is $1.73

Hong Kong Most Expensive Cities in the World 2017

1- Singapore

Loaf of bread average price is $3.55

Bottle of wine average price is $23.68

Liter of Gas average price is $1.44

The Building Marina Bay Sands in Singapore









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