What are the most expensive cities in the world?

Europe class four cities among the top 10due to continued high inflation in food and clothing, as well as the appreciation of the euro against the dollar.

This classification is carried out in dollars and therefore after conversion of the currencies of the different countries into greenbacks. An increase in the euro against the dollar automatically translates into higher prices in the euro zone, which favors the region’s cities.

Besides Zurich, Geneva is in 3rd place (tied with New York), Paris comes in 7th (two places gained), ahead of Copenhagen which is 8th, tied with Tel Aviv, which was at the top of the ranking in 2021.

On the other hand, American cities have declinedlike Los Angeles (6th) and San Francisco (10th).

The biggest drop within the ranking concerns the Russian cities of Moscow (142nd) and Saint Petersburg (147th), due to a weakening of the ruble, resulting from the sanctions decided following the invasion of Ukraine.

The cheapest city in the world is Damascus, just behind Tehran, penultimate in the ranking.