Revealed! The world’s most expensive cities

Find out which cities are the most expensive to live in across the globe

Where do you live?

If you’re one of the 8.5 million of us who reside in London and complain about the cost of a pint, cabbie meters and the dreaded stamp duty, that would be because you live in the 6th most expensive city in the world.

The capital has risen from the 11th most expensive city in 2015 to 6th
this year, according to the Economist Intelligence Unit’s worldwide cost of living survey.

So, where is the most expensive city in the world?

Singapore, for the third year running.

You will pay the equivalent of £4 more for every prescription in Singapore compared to London, £2 more for a beer in a local pub and a staggering £48,600 more for Volkswagen Golf than if you bought it from a UK dealer.

Zurich, Hong Kong, Geneva and ooh-la-la Paris follow in Singapore’s pricey footsteps, respectively.

Good news if you are thinking of a trip down under this year though – thanks to the weakening of the Australian Dollar, Sydney and Melbourne were both knocked off the elite list and replaced by New York and LA.

The American cities are at their highest since 2002 due to a gradual climb in inflation.

War has seen Damascus, Syria fall to the 9th cheapest city to live in the world whilst Caracas, Venezuela is 10th, despite being one of the most expensive cities a decade ago.

At the bottom of the 133-strong list was Lusaka, Zambia followed by Bangalore and Mumbai in India, then Almaty, Kazakhstan and Algiers in Algeria.

Here’s the full breakdown:

The most expensive:

1.
Singapore

2.
Zurich

3. Hong Kong

4.
Geneva

5. Paris

6.
London

7. New York

8. Copenhagen

9. Los Angeles

10. Seoul

The cheapest:

1. Lusaka

2. Bangalore

3.
Mumbai

4.
Almaty

5. Algiers

6. Chennai

7. Karachi

8. New Delhi

9. Damascus

10. Caracas

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