Unbelievable! 5 Most Expensive Places To Live In The World
Ever thought of moving to a place you have only seen on television or the movies? Well, this article is definitely just what you are looking for. There are tons of things you have to consider if you are planning on moving to a certain country. Just like the language they speak. You of course must speak English well since it is the universal language but if you know how to speak the language the people from that country are speaking, then you are good to go. But the most important thing you have to consider is the cost of living and your own way of living. You must of course have a source of income and you must first know if you could afford living in such a place.
Here are the 5 MOST EXPENSIVE PLACES TO LIVE IN THE WORLD
G’day mate! You got it right, it is definitely the land down under. Not just one but two cities in Australia are considered to be the most expensive cities to live in the entire world, which makes this country on the top of our list. Did you know that a weekend getaway in Sydney, will cost you more than twice than a weekend getaway in New York City. That is just beyond unbelievably expensive don’t you think? That just obviously mean that the hotels in Australia are more expensive than the ones New York, maybe it depends but still.
Just a random fact though, did you know that the people from Melbourne and Sydney, spends more money buying cigarettes than food? But if you love working out and spends so much time in the gym, then you’ll be happy to know that compared to the U.S., gyms in Australia are much cheaper. But don’t get too happy yet, because gym clothes in Australia costs way more so maybe you just have to buy gym clothes wherever you are from if you don’t want to spend too much money on it. But if you actually landed a job in Australia, then you’ll be fine because the reason why things in Australia are so expensive, is because the people there gets paid really well. In 2016, an average wage of a fast food personnel is around $25/hour.
What is so nice about Australia is that the government actually gives a lot of benefits to the people who are living there. Even if you are not working, you can still get paid just because you exist.
According to the Deutsche Bank Australia chief economist Adam Boyton, Australia is such an expensive place to live because,
“We’ve gone a very long time now without a serious economic slowdown. In the absence of that, prices have drifted higher over time” he said. “The surge in commodity prices that had underpinned our economic performance meant we really didn’t have to be efficient. We could just rely on getting paid much more to do the same thing.”
This country is also known for its expensive cost of living. Since it is sort of an island, the cost of importing and exporting is higher. And their minimum wage is also high in $25/hour compared to the US’ $15. Three of its cities – Geneva, Zurich and Bern are considered to be the world’s most expensive cities to visit or live in. Transportation can also very be very expensive that is why people tend to use their bicycles more than they use the public transport. The Swiss public schools are free but their standards are very high, although some bilingual schools cost 25,000 CHF.
Surprisingly, this Asian country is more expensive to live in than the United States. Although not with every single aspect, a full meal in Japan can only cost you US$5-6 at some fast food. Also the clothing can be rather cheap compared to the US. But the rest are expensive just like the hotels and the apartments and housing. Shockingly, the technology in Japan is as expensive as it is in the other countries like cars, phones and other techs despite of the fact that most of them were made in Japan.
Also you would think that seafood in Japan is actually cheap because they always use it for their meal, it is actually not. A medium sized lobster cost about US$80. Transportation can also be very expensive so people would rather walk on their way to work.
The land of The Little Mermaid is one of our most expensive countries to live in. According to a resident blogger in who moved from United Arab of Emirates to Denmark, a pair of sock is around 2 euro or US$ 2.50 which is pretty pricey for a pair of cotton white sock that is normally around only a dollar per pair. The store pays 25% corporate tax which means the 41% has gone to the Danish government. Although, unlike in the other countries, you wouldn’t need a car in many places which means you wouldn’t need to worry about the gasoline or even car insurance. It is also cheaper for a family to live here if both of the parents work because the income tax in Denmark is one of the highest in the world.
In 2015, London stole the crown from Hong Kong for being the most expensive city to live in. According to Poponomics, a student talked about how it is cheaper to commute from Poland every single day than to actually live in London.
And also it would cost more to rent a simple home in Camden Town than to take transport from Madrid. The average house in London costs about 299,000 pounds and this is according to the Greater London Authority.
And there you have it, the 5 most expensive countries to live in. Considering moving to any of the countries above?
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