The World’s Most Expensive Destinations

The World’s Most Expensive Destinations

While many people might think New York City and Los Angeles would take the top spots as one of the most expensive places in the world, Singapore, Zurich, and Hong Kong, actually snagged the top rankings for the priciest cities to live, according to a report released by The Economics Intelligence Unit.

[Related: 5 Travel Destinations for Foodies]

The twice-yearly survey, “compares more than 400 individual prices across 160 products and services. These include food, drink, clothing, household supplies and personal care items, home rents, transport, utility bills, private schools, domestic help and recreational costs.” CNN compiled the world’s 10 most expensive cities in which to live in 2016:

1. Singapore

2. Zurich, Switzerland

2. Hong Kong

4. Geneva, Switzerland

5. Paris

6. London

7. New York

8. Copenhagen, Denmark

9. Seoul, South Korea

10. Los Angeles

“Asia has six of the cheapest cities on the 133-city survey. Four of the cities in the bottom 10 are in India: New Delhi, Mumbai, Bangalore and Chennai. Lusaka, Zambia’s capital, is the least expensive city on the list.”
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