flexiblefullpage - default
Currently Reading

The Most Expensive Cities In The World

Advertisement
billboard - default

The Most Expensive Cities In The World


March 11, 2016

“The city is alive, the city is expanding. Living in the city can be demanding,” so says the Flight of the Conchords song “Inner City Pressure.” And while it may be a comedy song, there is a lot of truth behind those words. Cities all around the world are growing in population and expanding in size, which typically means a cost of living increase is not going to be far behind.

The Economist Intelligence Unit has compiled a list of the ten most demanding cities in the world from a financial standpoint and Singapore has taken the top spot for the third straight year, The Wall Street Journal reports. In order to come up with the list, more than 400 individual prices across 160 products and services were compared.

Due to volatile exchange rates, even though the cost of living in a city like New York didn’t rise that much, the survey shows New York became more expensive because the dollar strengthened, which in turn raises the prices of goods and services relative to other countries.

Two American cities find themselves in the top ten as New York City came in at number seven on the list and Los Angeles was tied for number eight. Chicago, Minneapolis, Washington, D.C., Houston, and San Francisco were all outside of the top ten, but still ranked in the top 35.

A major aspect this survey ignores is the cost of shelter in these given cities, which explains why somewhere like San Francisco isn’t higher up on the list.

For a full look at the most expensive cities in the world, click the link below.

Read more

Advertisement
leaderboard2 - default
Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.