Cost of living survey conducted by Mercer worldwide gives a startling insight into the world economies. Highest costs of livings are ‘not’ associated with metropolitans such as Ney York, Paris or London, as commonly assumed. Here is a list of cities which are ranked as the most expensive as of 2011.
No 10. Singapore – Singapore
| Average one-bedroom rental | SGD $ 600 per month |
| Average vehicle tax | SGD $ 1,000 per annum |
| Meal | SGD $ 5 |
Although, Singapore is world’s fourth leading financial centre, but as a country with a total area of 700 square kilometers, it packs a surprise when it comes to costs of livings.
[youtube]http://www.youtube.com/watch?v=va9awWNjInE[/youtube]
No 9. Beijing – China
| Average apartment rent including utility costs | RMB 7000 per month |
| Cup of coffee | RMB 35 |
| One meal | RMB 20 |
Capital of the world’s most populous country, Beijing is a true metropolitan with a population of over 19 million, but ranks at 114 in the list of Urban Quality of Life.
[youtube]http://www.youtube.com/watch?v=PmGurLnWUSs[/youtube]
No 8. New York – USA
| Average apartment rent (two bedrooms) | USD $ 4000 per month |
| Cup of coffee | USD $ 3 |
| Meal for a family of 4 | USD $ 1000 per month |
Big Apple, the financial capital of the world, has a population of over 8 million and is a destination of choice for a huge number of people looking for a better life. But, owning a home in New York is an expensive affair; it will cost you $15,000 per square meter of land.
[youtube]http://www.youtube.com/watch?v=JaNH56Vpg-A&feature=related[/youtube]
No 7. Copenhagen – Denmark
| Average apartment rent (three bedrooms) | USD $ 2000 per month |
| Meals for two adults | USD $ 1000 per month |
| Utility costs (Electricity, Internet etc.) | USD $ 200 per month |
Both the largest and the capital city of Denmark, Copenhagen boasts some of the best living standards in the world. It was also ranked 4th by Financial Times-owned FDi magazine on their list of Top 50 European Cities of the Future.
[youtube]http://www.youtube.com/watch?v=H2JaPnuk2Kk[/youtube]
