What is the top 5 most expensive city in the world?
Singapore takes top spot, while Miami, Dubai, Jakarta, and New York see the biggest cost increases. We may earn a commission from links on this page. For the wealthy as well as everyone else, the cost of living has climbed over the past year as prices rose.
1. Manhattan, New York. No place beats the center of the Big Apple when it comes to being the most expensive housing market in the U.S. With space at a premium and location paramount, the average price of a home in Manhattan is $2.4 million, or 5.4 times higher than the national average.
For those looking for absolute value for money, you cannot go past Chiang Mai where rents are probably the cheapest, a city studio with a kitchenette can be as little as $184 but you don't have to feel suspicious of the cheap prices, these studio apartments are clean and to a western standard.
1: Singapore. The Economist Intelligence Unit survey looked at cities around the world to determine the 133 most expensive. Singapore tied with Paris and Hong Kong as number one in the top priciest cities. It is the sixth time Singapore has been the number one most expensive city in the EIU survey.