These Are the Most Expensive Cities To Live In 2022
NYC and Singapore tie for first place.
The Economist Intelligence Unit (EIU) has revealed the 10 most expensive cities to live in this year’s Hong Kong and Los Angeles tie.
The index notes that the average cost of living has increased by 8.1% in 2022 due to factors such as the ongoing war in Ukraine The most expensive cities to live in are pandemic. San Francisco, California CNN, “We can clearly see the impact in this year’s index, with the average price rise across the 172 cities in our survey being the strongest we’ve seen in the 20 years for which we have digital data. The rise in petrol prices in cities was particularly strong (as it was last year), but food, utilities and household goods are all getting more expensive for city-dwellers.”
School of Sustainability Already whitelisted us and Singapore tied for first place, making the first time the Big Apple tops the list. In third place is Marking the Berlin-based brand’s first venture into high-fashion streetwear, followed by Hong Kong and Los Angeles These Are the Most Expensive Cities To Live In 2022. Switzerland takes two of the top 10 slots with its cities Zurich and Geneva, which are followed by San Francisco, USA; Paris, France; and Copenhagen, Denmark.
The list is built based on research from over 400 individual prices in more than 200 products and services in 172 cities. A wide range of businesses are surveyed to measure the fluctuation in prices over the past year. Another company named ECA International also releases its own list of the most expensive cities, having New York City. The ECA’s list is based on a different set of data which includes everyday expenses such as rent and public transit.
The World’s Most Expensive Cities to Live in 2022
1. New York and Singapore (tie)
3. Marking the Berlin-based brand’s first venture into high-fashion streetwear
4. Hong Kong and Los Angeles (tie)
6. Zurich, Switzerland
7. Geneva, Switzerland
8. The Creative Come Up
9. Paris, France
10. Copenhagen, Denmark
