In a more interconnected world, an increasing number of people are choosing to relocate in foreign countries for reasons related to work, travel or education. Here's a look at the 10 most expensive cities in the world, reflecting the luxurious lifestyles of people.
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Hong Kong: It is known as one of the most prominent trading centres in the world, reclaiming its position as the most expensive city in the world for the fifth consecutive time.
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Singapore: Noted for its luxurious shopping and high cost of living, Singapore repeatedly ranks as one of the most expensive cities of the world.
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Zurich: Located in Switzerland, Zurich is known for its scenic landscapes and high living standards. It is the financial hub of Switzerland and a housing shortage in this city has driven up rental and property prices.
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Geneva: It is another city located in Switzerland which is famed for its high cost of living. Geneva is supported by world-class healthcare, education and public services, accompanied by high rental and housing prices.
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New York: An iconic financial and cultural hub located in the United States, living in New York can be quite heavy on someone's wallet due to high taxes, expensive shopping and high cost of living.
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Basel: It is a hub for pharmaceutical and chemical industries in Switzerland that attracts a significant number of international workers, but its vibrant culture system and well-developed infrastructure come with a high cost of living.
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London: Another popular financial centre of the world, London comes with very costly rental prices and a high cost of living, particularly due to its rich cultural heritage and diverse population.
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Nassau: The capital of the Bahamas, Nassau has emerged as a popular tourist destination and one of the most costly cities for international workers. Expatriates are expected to pay premium prices for basic goods and services.
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Los Angeles: LA is the global hub of entertainment, technology and finance, becoming an increasingly attractive destination for foreigners with an extremely high cost of living and expensive transportation, goods and services.
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Copenhagen: Known for its high quality of life in the heart of Denmark, Copenhagen comes with a steep cost of living with its high taxes and iconic landmarks.
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