If you’re considering a bit of a sea change and want to check out what the rest of the world has to offer, you’d better be sure that your bank balance can handle it. Whilst moving is always expensive, moving to one of the most expensive places in the world is sure to put a bit of strain on your budget. While many of these destinations may be perfect for a luxury holiday, you may want to think hard before packing up and hitting the road, especially if you don’t have the cash to splash.
Housing costs and security for working expats in Chad is one of the main reasons why the costs of living are so expensive. After an influx of expats, travelling to N’Djamena for work, prices have soared in most areas of living, with takeaway foods costing in excessive of $20.
The costs of living in Zurich have steadily increased over the past few years. The city is home to a number of worldwide finance giants and boasts a high quality of life, attracting many international visitors, looking for a picturesque change of scenery.
Another Swiss location, the living expenses in Geneva have greatly risen over past years. The average rent of a two bedroom apartment, in this metropolitan area, has increased by approximately $300 in one year.
A major destination for oil production in Africa, living prices in Luanda have increased, again, due to an influx of expats. While international visitors may be paying more for everyday living costs, the raise in financial revenue has done wonders for the country.
Steadily remaining in the position as one of the most expensive places to live in the world, living expenses in Tokyo continue to rise. In more recent times, living costs have risen in a number of Japanese cities, all across the country.
Only in more recent years has Nagoya become one of the most expensive cities in the world. Known for its contributions to the business world, Nagoya is home to many major car manufacturers including Toyota, Honda and Volkswagen.
As with the rises in Chad, Singapore’s costs of living have risen mainly due to an influx of expats. Prices of housing and accommodation, along with a number of other living expenses have dramatically increased within the last year. Although this may be one of the most expensive places to live, Singapore remains a favourite holiday destination. To experience this beautiful culture, without the hidden costs, book flights to Singapore today.
While Hong Kong has commonly been mentioned in the lists for the most expensive cities in the world, past years have shown that living expenses have slightly decreased. One of the major factors as to why Hong Kong remains to be one of the most expensive cities in the world is the incredible costs of renting property.
When planning a move overseas, always consider the current financial situation of your destination, in comparison to that of the world. The global economic crisis saw price hikes in various countries, raising them to the top of the list for the most expensive places to live in the world.