Hamilton, Bermuda is a highest cost of living cities in the world of 540 city survey. Based on the Cost of Living Index 2018 Numbeo.com, cost of living index in the city reached 145.43. This means that the cost of living in Hamilton more expensive 45.43 percent from New York City which became the standard for the calculation of the index.
While the city with the cost of living the second most expensive and third city in Switzerland, namely Zurich with an index of 141.25 and Geneva 134.83. Of the 13 most expensive cities in the world, six of them are in Switzerland.
Three cities in Norway, the rest are in Iceland, and Japan. Numbeo cost of living indexes using parameters of the cost of living in New York City (index = 100) as standard. If the index of a city above 100 indicates that the cost of living is more expensive than New York. In calculating the cost of living Index it using some such comparison indicators such as apartment rental rates, grocery prices, food and beverage prices in restaurants, and prices of consumer goods.
While the Economist Intelligence Unit, a sister company of The Economist, deploying surveys by comparing the price of 160 goods and services to 133 cities around the world. The results of the survey showed that four of the five most expensive cost of living cities are in Asia.
Contrary to the conditions in Asia, the cities in Europe exactly that in a decade ago put up to eight cities, now leaving only four cities in the 10 most expensive cost of living cities in the world. As for the city in the Americas is also down the rankings despite still remain expensive when compared to five years ago. The following are the five highest cost of living cities in the world.
Highest cost of living cities in the world 2018
Singapore is a city that holds a fixed ranking for four consecutive years as the most expensive city in Asia and in the world by the Global Economist Intelligence Unit cost of living survey. Singapore is one of The Most expensive cities in Southeast Asia 2018.
This is due to the sparkling life in Hong Kong that is increasingly expensive and the growing number of tourists coming to Hong Kong.
You have to spend more in just to simply eat, drink even using that mode of transportation.
The city of Osaka is the third-largest city in Japan, with a population of 2.7 million people. The city is located on the island of Honshu, at the mouth of the Yodo River in the Bay of Osaka.
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