Hong Kong is still considered a very costly city in the world to live in even if its position has slipped down globally to 5th rank. Its currency is pegged to U.S dollars, which continues to drive-up the cost of housing and amenities as compared to mainland Chinese cities. Presently, you’ll have to shell put a $3,244 per month for a decent life and not to forget pay $7.88 for a cup of coffee!
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Once considered the 2nd most costliest city in the world to live in it has slipped down to the 4th position with per month expenses for living coming down to $3,314 only.
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Once considered the most expensive city in the world, New York has dropped from its prime position to the 3rd costliest city in the world. Be ready to shell out $4,207 per month for a furnished bedroom flat for 2.
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Surprisingly this expensive city ranks the second on our list which is a bit of a surprise considering its proximity to the coast and California’s thriving wine industry; here the average monthly expenses for a comfortable life comes at about $4,612 per month.
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Bermudas capital city Hamilton has been voted the most expensive city in the world right now with the cost of comfortable living touching astounding scales of $4,769 per month! According to a survey conducted, a can of beer which otherwise costs around 6$ anywhere else knocks you out for $9 in Hamilton!
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