The World’s 10 Most Expensive & Cheapest Cities To Live

You want to work abroad. You follow the steps, nail the interview and hear their salary offer.

Is it enough? How much is enough?

Sure, now you know how much you’re taking in. But how much will be going out? How much for a month’s rent, a loaf of bread, a gallon of gas?

For some cities, you’ll make more than enough to pay for a good life, plus sock away the rest in savings.

And for some cities, …well, you should have countered with a higher salary.

How should you have known? You could have known. Research.

For now, let me give you the 10 most expensive and the 10 cheapest cities. If your city isn’t one of them, read on.

The 10 Most Expensive Cities to Live in

10 most expensive cities to live in

Table from the Economist Intelligence Unit.

The 10 Cheapest Cities to Live in

10 cheapest cities to live in

Table from the Economist Intelligence Unit.

My Thoughts

I see amazing changes in very short time.

To the point, I would stay away from Australia. Just 2 years ago, Australia had no cities on the Top 10 most expensive list. Today, there have two: Sydney and Melbourne. My thoughts are, what shoots up, must come down. So, unless you’re a bankrolled speculator, don’t go buying property in Australia.

 

Prices, Now & Then

Look at how costs have risen in some of these cities, just in a few years. This is not normal for the other 99% of cities available to you.

Price comparison between the most expensive cities:

Price comparison between 10 most expensive cities

Price comparison between the cheapest cities:

PricesNowThen2

 

In Short….

If your city of choice isn’t one of the Top 10 Most Expensive (good news), or the Top 10 Cheapest (bad news), then you can find your place in the calculator on the right. It’s a cost of living calculator. Find your place and get the full info.

If you’d like to save yourself some time, and get right to the punch, give me a call. I’m available. And I talk much faster than a report.  🙂

 

 

Published by

Jeff

An American who likes to move around. I now live on the eastern Canadian seaboard. My job? A stay-at-home dad for two cute but demanding bosses. My wife? Also cute; not so demanding. My wife and I both love travel. We met in South Korea, travelled across Australia, India, Europe and beyond. We lived in Czech Republic for four years. Many stories to tell and experience to share. If you let me, I will help you travel as we do. Enjoy.

One thought on “The World’s 10 Most Expensive & Cheapest Cities To Live”

  1. Research is critical. You won’t get it perfect, but you’ll get close. The thing that always seems to factor in for me these days is the cost of quality education for my 9 and 6 year olds.

    I got offered a very nice salary in Shenzhen a while back, but found out that it would cost 30k USD per kid for international school. Ouch. That’s also a big challenge in Singapore.

    It’s also critical to estimate tax burden as best you can. In addition to being quite costly, Australia has a high income tax. I looked at a job that was 75k/year more than the job I had in Malaysia, but found that by the time I paid tax and covered the higher cost of living I wouldn’t gain.

    What matters is what you have left at the end of the month, not what you get paid at the beginning of the month.

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