Cost of living is the first variable that one tends to check out before deciding the move to another city. Each city has its own economic standards, thus each one requires a different amount of income to make a decent living.
Economy is a tough science that is affected by pretty much everything from wars to daily human behaviors, thus a regular person may only guess what could happen if s/he moved somewhere else.
Thankfully though, there are indexes produced by various institutions that could give one an idea on the cost of living in a particular city. Numbeo.com, about which website EcoTripSos wrote a detailed review, is a great resource when it comes to having a glance (and an in-depth look) at the cost of living in a city or country.
The good part is that they also have up-to-date indexes on the most expensive, most dangerous or most polluted cities in the world and in this article, we’ll have a look at the most expensive cities in the world in terms of both consumer prices and rent, so that those of you who would like to move to another city may have a clear idea about the cost of living in those cities.
So, here are the most expensive cities in the world in the first half of 2014, according to Numbeo.
10. Bergen, Norway
It’s not really surprising that Norway has the most expensive cities in the world. In that respect, Bergen becomes the 10th most expensive city in mid-2014 according to Numbeo data. The collected data suggests that a 1-bedroom apartment in central Bergen costs $1,444 on average and the general cost of living in the city is quite high.
9. Oslo, Norway
If a country is among the most expensive countries in the world, one would normally expect that its capital would be even more expensive then the peripheral cities. In a way, this is true. Oslo, the capital city of Norway is the 9th most expensive city in the world when rents and consumer prices are combined. The average rent of a 1-bedroom apartment in Oslo center is $1,585 on average, according to Numbeo data.
8. Trondheim, Norway
Norway, yet again… $1523/a month for a 1-bedroom apartment in Trondheim may be slightly less then the rents in Oslo, however, consumer prices on average are higher in Trondheim, which makes the city the 9th most expensive city in the world.
7. London, United Kingdom
The huge metropolitan city of London is, of course, among the most expensive cities in the world. Both with its high consumer prices and even higher rents ($2,428/a month for a 1-bedroom apartment in the center), London becomes the 7th most expensive city to live in.
6. Lausanne, Switzerland
$1,326/a month for a 1-bedroom apartment in the center may not be the highest in the world, but the high consumer prices in Lausanne, Switzerland compensate for the gap and put the city in the 6th place in the world when it comes to the cost of living.
5. Zurich, Switzerland
Switzerland is the ‘capital of money’ as the word goes and it is quite natural to be one of the most expensive countries in the world when the word goes like that. Zurich, unsurprisingly, is the 5th most expensive city in the world in terms of the rents ($1,828/a month – one bedroom apartment in the center) and consumer prices, according to Numbeo data.
4. Stavanger, Norway
$1,923/a month for a single room apartment in the center is in deed quite high for a newcomer to Stavanger, Norway. Add to this the general cost of living (which is also really high) in the city, you have got the 4th most expensive city in the world for the first half of 2014.
3. Port Moresby, Papua New Guinea
I must admit that Papua New Guinea does not seem that much expensive from far far away lands. However, numbers reveal that this is only a misconception or lack of knowledge about the country. Port Moresby is actually the 3rd most expensive city in the world (at least in the first half of 2014) with $2,082 for a one-bedroom apartment in the center and equally high consumer prices.
2. Geneva, Switzerland
Switzerland, of course, would have more than one city in the list of the most expensive cities in the world. $1,946 for a month’s stay in a one-bedroom apartment takes the city to the 2nd place in the list, when added to the already high consumer prices.
1. Luanda, Angola
Like Port Moresby, most people would not expect Angola to lead the list of the most expensive cities in the world. But the capital city of Angola, Luanda makes it to the “most expensive city in the world in the first half of 2014” with exceptionally high consumer prices and rents ($3,333/a month for a one-bedroom flat in the center).
To see the full list, please click on the reference and also take a look at the friendliest and unfriendliest cities in the world.
Most Expensive Cities / En Pahalı Şehirler
Most Expensive Cities / En Pahalı Şehirler