10 Most Expensive Cities For Luxury Living

26 JUNE, 2023

Adhya Moona

Photo: ADHYA MOONA

Swiss banking corporation Julius Baer Group has released a list of 10 most expensive cities in the world. Singapore is at the top of their list.

Most expensive cities

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Singapore offers a high standard of living to its residents. From breathtaking architecture to amazing job opportunities, this city-state is a haven for luxury living.

1. Singapore

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This global financial hub, Shanghai, has a high cost of living. Those who can afford a luxurious lifestyle enjoy what the city offers including high-end shopping and a bustling night life. 

2. shanghai, china

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A very expensive place for expats. One of the reasons why Hong Kong is an expensive place to live in is because of its skyrocketing rent on houses. It is home to 70 billionaires.

3. hong kong

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London offers the ultimate blend of modern/luxurious and historic vibe. Living here can be expensive with the travel costs and rent. 63 billionaires reside in this city.

4. london, england

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101 billionaires live in New York. NYC's housing is comparatively higher than average US housing. Apartments in NY sell for millions of dollars. An attractive city for tourists & migrants.

5. new york, usa

A luxurious destination to not only vacation in, property prices in this French enclave are high because of a favourable tax system, luxury lifestyle & its economic security. 1/3 of Monaco are millionaires. 

6. monaco

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Think expensive, and you think of the opulence that oozes out of this emirate. Dubai is home to the most luxurious hotels, restaurants, ultimate luxury shopping. 

7. dubai, uae

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Taipei is most expensive of Taiwan's metropolitan areas and attracts expats. Imported luxury brands are expensive due to high import duties.

8. taipei, taiwan

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São Paulo is Brazil's financial centre. It has numerous cultural institutions & rich architectural tradition. This is where Brazil's mega rich live, along with those who live in absolute poverty.

9. sAo paulo, brazil

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Miami's high cost is due to limited housing and surging demand. Miami is a bustling city with prominent cultural scene, beautiful beaches & world-class nightlife. The rich come here to party.

10. miami, usa