Cost of Living: These are the most expensive cities in the world

Watch the video: These are the most expensive cities in the world – and the front runner in Europe.

The British company “Economist Intelligence Unit” compared the cost of living worldwide in a study and determined which is the most expensive city in the world.
Most people will notice it in their wallets: prices are increasing in almost every area. But not only in this country – the consequences of inflation are felt worldwide. The British company “Economist Intelligence Unit” has now compared the cost of living worldwide in a study and thus determined which is the most expensive city in the world. For the “Worldwide Cost of Living 2022” report, the prices of more than 200 goods and services in 172 cities worldwide covered. Two cities share the unwelcome first place: Singapore and New York. According to the ranking, they are the most expensive cities in the world in 2022. Tel Aviv continues as the third-placed city. Last year she was still at the top of the rankings. Hong Kong and LA shared fourth place. Followed by Zurich in 6th place, making it the most expensive city in Europe. A German city is not in the top 10 of the list. The economic consulting firm ECA published a similar ranking in June. ECA compared the prices of groceries, petrol and rent in more than 400 cities around the world. First place went to Hong Kong, followed by New York in second place.

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