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New York Ties with Singapore as Most Expensive City in the World in 2023

What is the most expensive city in the world?

The English newspaper The Economist recently published its annual ranking of the most expensive cities in the world. To compile this list, the magazine compared the prices of hundreds of products and services offered in 172 global cities. SO, Which city is the most expensive to live in? In 2023, Singapore and New York will be at the top of the list; if the Asian city is familiar with the podium it has occupied for ten years, its American counterpart has climbed from sixth to first place. Generally, The Economist observed a cost increase of more than 8% in all the cities studied — the largest in twenty years. At issue: the aftermath of Covid, as well as the war in Ukraine, which caused the prices of gasoline, gas and food to explode. The United States and Europe (notably Switzerland) thus monopolize the first ten places in the ranking.

What are the 10 most expensive cities in the world?

  • New YorkUNITED STATES
  • Singapore, tied with New York
  • Tel-AvivIsrael
  • The AngelsUNITED STATES
  • HongkongHong Kong
  • ZurichSuisse
  • GenevaSuisse
  • San FranciscoUNITED STATES
  • ParisFrance
  • CopenhagenDenmark
  • 1. New York, United States

    ANGELA WEISS/Getty Images

    Which city is the most expensive in the world in 2023? New York. A first for the American metropolis, accustomed to the ranking, but never coming first. The main culprit: the rise of the dollar, a safe haven in times of international crisis.

    2. Singapore, tied with New York

    AdrienC

    2024-01-05 15:38:42
    #Discover #expensive #city #world

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