4 Most Expensive Cities in the World

The following cities are widely regarded as being the costliest in the world; hence, you should be financially prepared before traveling to any of these locations. To assess whether or not a city is expensive to live in, it is necessary to take into account a number of costs, including those associated with transportation, food, and accommodation.

TEL AVIV

Located in Israel, the city recently experienced more than 2% price inflation, causing the currency to appreciate rapidly. The inflation of goods and services has risen to levels among the highest on the planet. More than 15 dollars can be spent on simple desires like a cocktail or a hamburger here.

Many restaurants in the city influence their prices by more than 10% due to this inflation, which has effectively halted everyday activities like going out to eat. Due to rising transportation costs, many people travel by bicycle, public bus, or train rather than driving their car or hailing a cab.

COPENHAGEN, DENMARK

The average cost per person is about $150. Additionally, depending on where you stay in Copenhagen (luxury hotel, shared hostel, or Airbnb), additional lodging fees of up to $150 per night may apply.

In terms of transportation, the city is walkable, which means you can get to any location, especially if you live in the center of the town.

If you must travel by public transportation, the bus is the most cost-effective option (you can spend as little as 5 Euros), while the train (which is faster but costs as much as 10 Euros) is the most expensive. A taxi ride will save you at least 40 euros if you don't mind spending the money.

Have you liked to sample some of Copenhagen's culinary offerings without breaking the bank? Restaurant prices range from 30 to 45 Euros, but street food options are plentiful. You can actually get a full plate for under 20 Euros. If you want to save even more money, cooking your own meals is an option.

GENEVA

Tourist-friendly cities like Geneva can be costly, ranging in food, transportation, and accommodation. If you don't have your means of transportation, you'll need to rely on public transport, which can be on the high side as well; it is most unfair to people who have to employ the public transit system as means to go to work, they have to pay these extreme expenses spending close t half of their salary or transportation. It is known that Geneva is a small city, and most of its groceries are imported, making food even much more expensive, allowing the city itself to be costly in the long run.

 

PARIS

If you don't mind sharing your experiences and privacy with other travelers or hostel mates and some noisesome excitement, a hostel in Paris is the most affordable option. A night's stay in a hostel bed could cost as much as 15 euros. The average cost of a private room in a five-star hotel is 87 euros.

It's important to remember that lodging costs increase closer to a city's most popular tourist attractions.

At the upper end of the price, you can expect to pay 200 euros if you need to lodge in a high-end hotel with amenities like a swimming pool, an in-room gym, lounge areas, etc.

Depending on your budget, you can take the bus, the train, or a taxi to get around. Taxi is more expensive than commercial or public transportation, and the bus is usually the cheapest. You can lend a bike in Paris for $1 per day, which is more cost-effective than public transportation.

An elegant meal can set you back up to 100 euros per person, but the average cost of a regular meal in a Paris restaurant is around 20 Euros per person.

OTHER WORLD'S MOST EXPENSIVE CITIES INCLUDE :

• OSAKA, JAPAN
• SEOUL, SOUTH KOREA
• HONG KONG, CHINA
• NEW YORK CITY, UNITED STATES
• LOS ANGELES, UNITED STATES

In summary to the cities listed above, we've seen that transportation, food, and lodging costs add up quickly, so we can classify these places as "expensive."