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What are the World’s Most Expensive Cities?

Have you been dreaming about or maybe even decided to begin a new life in a large, well-known city? If so, you will need to make sure you’re prepared for the costs involved. As you can imagine, the cost of living varies. But do you really know where your money goes?

The Crazy Tourist, which is a popular travel resource site, recently analyzed data about some of the most expensive cities around the world it collected from Numbeo, the world’s largest database of user contributed data about cities and countries worldwide.

With the findings from the curated data, The Crazy Tourist created an incredible infographic titled, “The World’s Most Expensive Cities.” The information in The Crazy Tourist’s infographic gives us a realistic look at the true costs of living in twenty of the most expensive cities in the world; it shows which city’s residents pay the most, where that money is going, and what consumer goods cost locally.

Estimated monthly costs of living in the world’s most expensive cities

You might be surprised to find out that living in Hamilton, Bermuda is downright expensive. This city tops the charts with an estimated cost of living of $4,769 per month. Tokyo, Japan, falls on the other end of the spectrum with an estimated monthly cost of living around $2,208.

Where does the money go?

Regardless of where you choose to live, you can expect to spend money on food, clothing, and shelter. This infographic breaks out, by percentage, how the cost of living is divided within some of the cities. For example, if you live in San Francisco, California, you’re probably going to spend 72.7% of all your monthly costs for rent and .7% for clothing. In Geneva, Switzerland, you’re more likely to spend 51% on rent and 1.5% for clothing.

What do local goods cost?

Finally, the infographic shows the costs of the same items in different cities. For example, for movie tickets, the prices range from $11.60 (Hong Kong) to $19.35 (Geneva, Switzerland). Milk prices range from $4.11 (New York City) to $16.40 (Hamilton, Bermuda).

 

Want to learn more? Take a look at how much it costs to live in these twenty beautiful (but expensive!) cities in the infographic below:

   
 
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