The world’s 10 most expensive cities to live in 2022
According to the Worldwide Cost of Living Index, released by the Economist Intelligence Unit (EIU), the average cost of living is up 8.1% in 2022, owing to the Russian war in Ukraine and the lingering effects of the pandemic.
So, in an expensive year, what are the most expensive cities to live in?
The EIU, which tracks everyday expenses in 172 cities around the world, is based in London. In total, 22 of the 172 cities the EIU tracks annually are in the US, including Portland, Boston, Chicago and Charlotte. Every single one of those 22 experienced a rise in inflation this year.
Here are the top 10 most expensive cities to live in 2022:
1. New York and Singapore (tie)
3. Tel Aviv, Israel
4. Hong Kong and Los Angeles (tie)
6. Zurich, Switzerland
7. Geneva, Switzerland
8. San Francisco, California
9. Paris, France
10. Copenhagen, Denmark