7 of the 10 most expensive cities to live in the world are in the United States—see the full list
2024-08-04 14:56:00+00:00 - Scroll down for original article
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San Francisco ranked as one of the most expensive cities to live in, according to Numbeo. Last month, data company Numbeo released its annual Cost of Living Index by City. The final ranking was determined using data from January 2024 through mid-year. The index is historical and will be updated periodically. Number used the cost of living in New York City as a baseline and gave it a score of 100. Every other city was scored based on how much more or less expensive it was compared to the Big Apple. Cities were scored across the following indexes: Cost of living Rent Cost of living plus rent Groceries Restaurant price Local purchasing power The United States has the highest number of cities ranked, claiming seven of the top 10 spots. Don't miss: Go on this many dates each week if your goal is a long-term relationship: ‘It’s a numbers game,’ therapist says No. 1 most expensive city to live in: Geneva, Switzerland Cost of Living Index Score: 101.7 Geneva, Switzerland, is the most expensive city in the world to live in, according to the Cost of Living Index. The city was found to be 1.7% more expensive than New York. Geneva, Switzerland Alberto Mazza | Moment | Getty Images Known as the capital of peace, Geneva is home to the European headquarters of the United Nations. A single person's estimated monthly costs are about $1,715 without rent, while a family of four's estimated monthly costs are around $6,300, according to Numbeo. The city continuously ranks as one of the best places to live based on quality of life because it offers a low crime rate and a range of jobs. 10 most expensive cities in the world Geneva, Switzerland Zurich, Switzerland New York, New York San Francisco, California, United States Boston, Massachusetts, United States Reykjavik, Iceland Washington D.C., United States Seattle, Washington, United States Los Angeles, California, United States Chicago, Illinois, United States Zurich is the No. 2 most expensive city to live in the world. It is 0.4% more expensive than New York City. Zurich, Switzerland Didier Marti | Moment | Getty Images For years, Zurich has ranked as one of the most liveable cities in the world. This is due in part to its cleanliness, political stability, and infrastructure. The cost of living for a family of four is estimated to be $6,184 a month, not including rent, while a single person's estimated monthly costs are $1,689, excluding rent as well, according to Numbeo. Zurich is the largest city in Switzerland and one of the country's financial centers. New York City, New York, United States Alexander Spatari | Moment | Getty Images