Forget those heady days of the French Riviera or cities like Monaco or Chinese Macau which had the reputation of housing the elitists of the elites, and were notorious for their ridiculous standards of living and high prices. Well. The Rich are still the same it’s just their locations and preferences have changed a little bit and now we have a new list of 25 cities among which the last qualifies as the most expensive city in the world.
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25Mumbai, India
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The construction of the Suez Canal in 1869 made this port city easily accessible and easy to travel and live in. The thriving mercantile industries which shine even to this day makes this metropolis one of the more affordable cities for a modern lifestyle with beautiful sea beaches added to its vista. It can cost somewhere around $1000-$1200 per month to live in comfort in Mumbai.
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24Berne, Switzerland
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Berne is considered a fairly costly city 71 % more expensive than Milan. The average cost of living can go as high as $1,400 for a single person. If you’re visiting Berne, you should take into account the fact that it can burn a hole in your pocket without planning.
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23Guatemala
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Due to its recent political peace, spectacular natural vistas and pristine beaches, Guatemala is one of the most expensive cities in the world becoming a shiny destination for tourism in the last few decades. A modern comfortable dwelling surrounded by mountains and the sea can be had for approximately $ 1,500 per month.
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22Beijing, China
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China’s capital Beijing is considered an expensive city in the world to live in where a cup of coffee cost around $6.62 where the monthly cost of living is around $2,091.
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21Panama City, Panama
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Pristine Caribbean beaches with crystal waters and a perfect climate, Panama is truly a paradise for expats and not without its reasons. The housing facilities and infrastructure are safe but expensive. Even if new flats are constructed in small sizes, they have all modern amenities which would cater to every of pockets. On an average, it costs an expat $2,500 per month including living and commuting.
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