These Are the World's Most Expensive Cities to Live In

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19/01/2018 10:00 WIB

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World's Most Expensive Cities to Live In (2018)

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World's Most Expensive Cities to Live In (2018)

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Hamilton, Bermuda, is one of the world's most expensive cities to live in, ranking among 540 cities surveyed. According to Numbeo.com's *Cost of Living Index 2018*, its cost of living index reached 145.43. This means the cost of living in Hamilton is 45.43 percent higher than in New York City, which serves as the benchmark for the index.

Meanwhile, the second and third most expensive cities are Zurich and Geneva in Switzerland, with indices of 141.25 and 134.83 respectively. Of the 13 most expensive cities globally, six are located in Switzerland. Three are in Norway, and the remaining cities are in Iceland and Japan.

The Numbeo Cost of Living Index uses the cost of living in New York City (index=100) as its standard. An index above 100 indicates that the cost of living in that city is higher than in New York City. The index calculation incorporates several indicators, including comparative prices for apartment rent, groceries, food and beverages at restaurants, and consumer goods.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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These Are the World's Most Expensive Cities to Live In

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