Top 5 Most Expensive Cities Of The World!

Life

oi-Anwesha

By Anwesha Barari

Saturday, November 19, 2011, 11:54

Do you think your city is expensive and inordinately so? I think each one of us feels so but to know the truth you have to compare the cost of living in your city with that of the most expensive cities. The cities discussed in this list are declared the top 5 expensive cities of the world. So your city does not feature in this list, be happy and stop cribbing. You also take pride in your city and be happy.

These are the 5 most expensive cities; these cities are expensive to live in and also to travel to. Lets see why it so.

Top 5 Most Expensive Cities:

1. Tokyo, Japan: That is quite an easy guess. Anybody who was expecting New York or Dubai in this list will be disappointed because they do not figure at all. When the standard of living in Tokyo was compared by keeping the mythical world's best expensive city of New York constant at 100, it scored 161 points. Even a single can of beer in this city costs more than ten dollars. That is the secret behind for companies offering disproportional pay packages for Tokyo postings!

2. Oslo, Norway: Oslo is no surprise either because it is the capital of Norway and Norway is a Scandinavian country. Scandinavian countries have been famous for being expensive to travel to but this city is expensive to live in as well. A decent lunch will cost you $45! Better to have Vada pav in Mumbai or hotdogs in New York.

3. Paris, France: This was an expected name on this list. The most romantic city in the world, the city of the Eiffel and also of ex-patriot artist, is also one of the most expensive cities around. However, the score of 150 against New York (100) can be misleading. Paris being the fashion capital of the world is expensive for clothes (a pair of jeans costs $140) but food, travel and rents are lesser than many European capitals.

4. Zurich, Switzerland: The city of the Swiss banks and of course the Swiss stock exchange. If you put all the cash in the Swiss banks together when it would be the richest city in the world instead of being on the list of the expensive cities of the world. Apart from the finance and commerce that takes place in this city, it owes its tremendously high standard of living to the fact that it is a transport hub of Europe. Well connected and costly.

5. Sydney, Australia: If you are considering this immigration friendly island as a retirement spot then think again; it is an expensive city to live in and will continue to be so. Australian cities have been 'termed' expensive after the value of their dollar started rising. The fuel prices are exorbitant.

These were the 5 most expensive cities that boast of the highest living standards. The best choices for those who can afford it.