Japan's capital slid down in the costly city ratings in 2018 as the value of the yen has continued to appreciate. Therefore deflationary forces have acted big here. The long stretches of recession in Japanese economy has lowered housing and rental rates to $2,208 per month but it is still one of the world’s most expensive cities to live in.
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The primary reason why the prices of real estate and housing were anyways high here is due to the huge level of demand for living spaces from people from countries like China who either immigrate or secure property here. Generally, the Chinese buyers have greater access to cash which triggers the high rates of prime estates. So if you are planning to live in Auckland decently, be ready to shell out $2,228 per month.
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Venice has always been an exclusive joint for all the Hollywood celebrities and European business moguls for centuries. Although the old charm has much faded due to smell and stink of the canals itself and other safety issues lately, it still costs somewhere around $2,277 per month to live there. But as compared to other cities discussed earlier this true historical gem is still affordable to many in spite of it being one of the world’s most expensive cities.
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With an average living cost of $2,307, we cannot call Nassau an easy on the pocket destination at all. Well the close proximity to The US with its English speaking population makes it popular and therefore expensive.
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This Dutch capital has made its way to the list of 25 most expensive cities in the world. It’s not much of a surprise for those who have been trying to rustle up a nest in this city and have to shell out nearly $2,360 per month to call this city “home”.
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