Where does Istanbul rank: The world's most expensive cities have been revealed
Research and reports conducted as of 2024 reveal how factors such as global economic conditions, inflation rates, and housing markets affect the cost of living in cities. The world-renowned research firm Mercer has published its list of the most expensive cities for 2024. Here are the metropolises with the highest cost of living in 2024...
Hong Kong, China
Hong Kong continues to be the most expensive city in the world for international employees in terms of cost of living. High housing rents, cramped living spaces, and a dense population make this city particularly expensive.
Singapore
Singapore is particularly notable for its high transportation costs and vehicle ownership. Additionally, high housing prices also increase the cost of living in this city.
Zurich, Switzerland
Zurich is listed as one of the most expensive cities in Europe. It is known for its high quality of life, but also for its expensive housing and high cost of daily living.
Basel, Switzerland
Like other cities in Switzerland, Basel has a high cost of living. Housing costs and daily expenses, in particular, are high in the city.
Bern, Switzerland
Bern follows in the footsteps of other Swiss cities with its high standard of living and expensive services.
New York, USA
New York, the financial hub of the USA, is known for its high rent prices and overall cost of living. This situation moves the city higher in global rankings.
Los Angeles, USA
Los Angeles is known for its high standard of living and the cost of luxury consumer goods. This makes the city one of the most expensive places in the USA.
London, United Kingdom-England
London has ranked among the cities with the highest cost of living in 2024. High real estate prices and daily expenses have led to its inclusion in the rankings of the most expensive cities in research results.
News Source : 12punto
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