Top 10 Most Expensive Cities to Live in 2020

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Developed world have many countries in its fold along with different cities which are diversified according to their economic, social and aesthetic variations. Some cities are economic hub of the world and are heavens for the business man. On the other hand, some cities are considered as the peaceful and aspired by the people who prefer soul development rather than material wealth. Same is the case with people aspiring tourism. Tourists prefer cities which have more sites to visit with security and developed infrastructure. Different cities are famous for their one or another reason. One thing is common in all these special cities and that is they are all expensive in one way or another. Here, we have a list of most expensive cities of the world in 2020.

10. Frankfurt, Germany

Frankfurt is one of the important cities of the Germany. This city has its own culture and values which is liked by the foreigners. This city is the financial hub of Germany and has headquarters of seven major banks in its fold. It is the largest business center in Europe that is why it is one of the most expensive cities of the world to live in 2020.

9. Melbourne, Australia

Melbourne, an Australian City, is as famous as Sydney. This city has enormous financial activity with expensive hotels and tourism. Melbourne is the city in the Australia which has a largest cricket ground and is attractive from investment point of view.

8. Singapore

Quite surprising, the Singapore is one of the most expensive cities of the world. Even, it is 42% more expensive than New York and Hong Kong. Like London, this city is also hub of economic activity.

7. Sydney, Australia

Sydney, another city from Australia, is amongst the most expensive cities of the world. Huge cost of bread and bear, high fuel prices and branded clothing have made this city very expensive from the consumer’s point of view.

6. Paris, France

Paris is not only expensive city but also the most romantic city in the world. It is world’s most travelled destination. This is the reason that the Paris is difficult to afford.

5. Oslo, Norway

Oslo is the capital of European country Norway. Since it is in north of Europe, so the life here is expensive and difficult to afford by ordinary person. This is one of the most expensive cities in the Europe as the fundamental needs here are difficult to meet.

4. Geneva, Switzerland

Geneva, a city needs no introduction, is one of the most expensive cities because of its flourishing and growing economy, so does its living standards. Geneva is a very beautiful and peaceful country.

3. Osaka, Japan

Osaka is the second most important city of Japan and is a commercial hub of economic activity in Japan. Since Japan’s currency is very strong, so Osaka is an expensive city with so much development in its educational, tourism and business sectors.

2. Tokyo, Japan

Another city form Japan, Tokyo is almost 66% expensive than New York and London. Tokyo hosts the head offices of different Multi-national corporations in the Eastern zone. Also, Tokyo is the city which mostly deals with the exports of the country.

1. Zurich, Switzerland

Zurich is a very peaceful city for the peace loving people. It is one of the most expensive cities of the world and this has achieved by the strong and growing economy of Switzerland. The city is concerned with the tourism and commercial activities of the country.

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