Here are the 10 most expensive cities in the world

No real surprises: Europe places 5 names on the list, the United States is absent and the most expensive city in the world is in Asia!...

No real surprises: Europe places 5 names on the list, the United States is absent and the most expensive city in the world is in Asia!

Crédit photo : Shutterstock / Rad Radu

The 2018 annual report of the Economist Intelligence Unit confirms the trend: Asia and Europerest are the continents with the most expensive cities!

As it has done every year since 2014, Singapore has established itself as the most expensive city in the world. It is ahead of Paris, which continues to rise in the ranking, such as Copenhagen (8th). Like her Asian colleague, Seoul also maintains her rank (6th). There have also been some changes, with the breakthroughs of less expected cities such as Tel Aviv (9th), which have been on the rise for the past 5 years.

To establish this ranking of the 10 most expensive cities in the world, the British company compared and analysed more than 400 prices on more than 160 different products and services.

The report states that while Asia has some very expensive cities, there are also many very affordable cities, such as Bangalore or New Delhi. A cost of living often linked to economic or political corruption practices.

In previous reports, several American cities have invited themselves into the top 10, but New York City and Los Angeles are now ranked 13th and 14th! In this case, dollar fluctuations play an important role.

Here is the ranking of the 10 most expensive cities in the world in 2018, with their progress compared to 2017!

10. Sydney, Australia