Traveling can cost a wide range of money depending on where you choose to go and how long you stay, as well as what type of travel it is and so on. This is also the case for living prices of each city or town in the world since some countries have less resources and higher costs while others may have higher costs due to overcrowding or tourism. No matter the reason, we all know some places just cost a lot more to be in than others. And that is interesting to compare each year or think about when you travel or live somewhere for a while. But what places are most expensive right now? Well, here are some of the most expensive cities in the world.
What Costs Are Considered
The list of the most expensive cities in the world right now is made from 2020 data, which may be interestingly different than other years because of the pandemic struggles many countries faced. Expensive cities are thought of in relation to currency translations and include prices on transport, food, living space, groceries, and so much more. With that in mind, let’s get started!
Ashgabat, Turkmenistan
Most of us that don’t live near this city or that live in the United States may not have heard of this place much or at all before. However, Ashgabat lands top on the most expensive cities at the moment. This capital city has a great deal of interesting and grand architecture including marble buildings, major monuments, plenty of historical sites, and more.
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Tokyo
Anyone that has seen the stunning and bustling areas of Tokyo can attest to the popularity of this city, which probably helps to contribute to its standing in the top 10 for most expensive areas this past year. Tokyo has a lot of bustling areas and interesting sights to see, and all of it is often pretty expensive especially for residents due to economical standing and tourism.
New York
New York in the United States was the most expensive city in the country, but none of the U.S.’s cities made it into the top ten of the worldwide list due to conversion in currencies. New York landed high for the country because of increasing inflation for many different items and services in the states, especially in New York state but specifically in big cities like the city New York.
London
The United Kingdom is home to one of the top 20 most expensive cities for a couple years in a row now, London. London seems quaint and interesting to most tourists or outsiders for travel but is in actuality a pretty high priced place to live, eat, or shop for both visitors and citizens alike depending on what you need or where you go.
This list could quite possibly change a lot over the next one year, two years, decade, and so on. The way our world works and economies shift, grow, or collapse is constantly changing over time. In fact, nobody knows what is going to happen at any given point in time when it comes to cost of living or travel for certain regions. This list gives us a good ideas of what the most expensive cities in the world are right now, and it can be useful for thinking about future travel or living plans or just for learning something new about expenses in places other than where we live right now. We hope you enjoyed reading this list of expensive cities and their info.