The Most Expensive Cities to Live in Today

The recent listings of the most expensive cities to live in are dominated by Asian countries. The ranking is based on the comparison of the prices of commodities such as food, housing, utilities, home services, personal care, alcohol and tobacco, domestic supplies, transportation, and recreation and entertainment.

Hong Kong (SAR)

Despite the recent upheavals in the special administrative region, Hong Kong retains the top spot as the most expensive city in the world for a second year. An expat should expect a mid-range monthly rent of HK$30,000, a full lunch meal for HK$93, and a pair of sneakers for HK$799.

Tokyo, Japan

Tokyo is the 14th most popular tourist destinations in the world in 2019. If an expat moved into Tokyo in 2019, expect an average monthly rent of ¥45,000, ¥4,000 for transportation, and ¥20,000 to ¥30,000 for food.


Singapore ranked fourth in the most popular cities in the world and the third most expensive city to live in. If an expat decides to move into Singapore, a single person should have a minimum budget of SGD$3,000 for monthly rental, SGD$12 for a full lunch meal, and SGD$95 for public transportation tickets.

Seoul, South Korea

Seoul ranked 24th in the most visited cities in 2019. If an expat decides to move into the city, expect an average monthly rental of ₩1,450,000, a full lunch meal for ₩9,608, and ₩67,000 for public transportation tickets.

Zurich, Switzerland

As the only European country to break into the top ten, Zurich is an ideal destination for those who want to enjoy a high cost of living and political stability. If an expat decides to move into Zurich, expect a monthly rent average of about CHF2,300, a complete lunch meal in the business district for about CHF26, CHF14 for fast food, and CHF142 for a pair of sneakers.

Shanghai, China

In Shanghai, renting a fully furnished mid-range housing can cost an average of 9,400元 per month, a mid-range studio for 5,700元 a month, 192元 for monthly public transportation tickets, and 60元 for a full lunch meal.

Ashgabat, Turkmenistan

Ashgabat is a surprising entry to the top ten but not if you consider the Turkmenistan’s recent currency struggles. A person moving into Ashgabat should expect a mid-range housing rental of 2,130 Manat per month, a full meal for 44 Manat, and 249 Manat for a pair of sneakers.

Beijing, China

In Beijing, a fully furnished average house may be rented for 7,700元 a month while a more expensive rental can run up to 13,400元. For a full meal in business districts, you pay for an average of 50元 and 32元 for fast food.

New York City, United States

As the only entry from the Americas in the top ten, rental in New York City averages $3,100 per month, $16 for a full lunch, and $124 for public transportation tickets.

Shenzhen, China

In Shenzhen, rental can go for as high as 11,500元 for high-end homes, a total of 169元 for monthly public transportation tickets, and 44元 for a full lunch.

A Guide to Avoid Overspending this Christmas Season


The holiday season is the time to eat, drink and be merry – and also not work your way into getting any debt. Sure, the festivities are fun but all your extra expenses might add up quickly, throwing your budget off track. Fortunately, there are some things that you can do to keep that from happening. By putting the following tips to work and doing some little planning, you’ll definitely be able to make it through the holiday season without going broke.

  1. Lessen Your Expenses

Although the Christmas season might make you feel like you have every right to excuse your expenses, making a few adjustments and saving some extra cash can actually help in covering up for your additional holiday expenses. Whether it’s declining some dinner invites, cooking lunch for work, or skipping your morning coffee run, cutting back on these things will surely help you enjoy shopping during the Christmas season without feeling any guilt.

  1. Get Extra Work

Saving and budgeting will only get you so far during the holiday season. So if you need some extra cash to really enjoy the festivities, consider looking for ways on how you can earn extra money. One good option is to work as a part-timer in a retail store near your area, but if you’re looking for a more flexible job, then consider babysitting or doing some odd jobs for several days. Selling old clothes, accessories or other items can also be a good source of extra income, especially if you can no longer afford to get another job.

  1. Create a Shopping List

Listing down the things you need to buy won’t only keep you from forgetting to buy a gift for a certain someone, it’ll also help in keeping your gift-giving expenses in check. Create an itemized list of the gifts you plan on buying, as well as who you’re buying them for. Including your budget in the list will also make it easier for you to avoid overspending, as it’ll be at the top of your mind every time you purchase another holiday item.

  1. Shop for Gifts Online

Purchasing gifts online gives you the freedom to take advantage of the best deals available on the web, thus reducing your chances of overspending this holiday season. You also have the freedom to avail of the instant online savings offered in several coupon code sites. Shopping gifts online also allows you to get the item delivered wherever you like. So instead of rushing in crowded malls this holiday season, take advantage of the online stores and deals that are available right at your fingertips.

The Christmas season should never be a season where you get into some serious debt. Learn to budget and spend your finances wisely, and you’ll be able to enjoy the festivity without worrying about your maxed out credit card.