NEW YORK - For many, the thought of moving across the globe for work is both exciting and nerve wracking.
Being an expat comes with a bevy of unique challenges, but in recent years one issue has come to the forefront more than others: Globally, the cost of living is rising and many of the world’s most international cities are increasingly expensive.
This is especially true for international workers in east Asia and western Europe, with analysts pointing to high costs for housing, transportation and goods as potential obstacles for foreigners residing in these cities.
Many of the major cities around the world are known for the allure of bustling nightlife, efficient public transportation and a unique culture that draws in foodies, lovers of the arts and adventurers alike. And while the offerings of well-known places like Tokyo, Japan, London, England and New York City are usually enough to make them ideal destinations for vacations and the backdrops that inspire wanderlust Instagram captions, there’s no denying that they are more often than not, quite expensive.
From the rising cost of living to the fluctuating real estate market and food and transportation costs, we’ve outlined the most expensive cities in the world as determined by the Economic Intelligence Unit's latest survey. The EIU focuses on country reports and economic forecasts through research and analysis. The survey, which was conducted from August 16 to September 16, 2022, tracks expenses including services and goods in 172 cities around the world.
Don’t get us wrong, many of these places will easily make for amazing girls trip getaways, extremely luxurious family vacations and some may even convince you to pick up everything, buy a house and make a new life for yourself in a different part of the world. However, if you’ve landed on this page purely out of aspirational interest we also have some of the most affordable places to travel that may also catch your attention.
Here are the ten most most expensive cities for expats:
1- Singapore
2- New York
3- Tel Aviv
4- Hong King
5- Los Angeles
6- Zurich
7- Geneva
8- San Francisco
9- Paris
10- Sydney, Australia
