Top 10 Most Expensive Cities In The World To Live In 2017

Top 10 Most Expensive Cities In The World To Live In 2017

List of top 10 most expensive cities in the world to live in 2017 has been released by the Demographia in its 13th International Housing Affordability Survey: 2017. In this survey, they brought together data from 406 metropolitan housing markets of 9 most expensive countries- Ireland, Japan, Australia, Canada, United Kingdom, Hong Kong, Singapore, New Zealand, and the United States.

They used the Mean Multiple approach (median house price divided by the median household income) and data leads not to very surprising results with New Zealand, Chia, Canada, Australia, United Kingdom, and the United States being the most “severely unaffordable major housing markets in the world”.

Top 10 Most Expensive Cities In The World To Live In 2017 (In Pictures)

Let us go through the list of top 10 most expensive cities in the world to live in 2017:

10. Bournemouth & Dorset, United Kingdom: It is the 10th most expensive place to live around the world, based on Mean Multiple.

Top 10 Most Expensive Cities In The World To Live In 2017
(Credit: photos4travel)

9. San Francisco, United States

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8. Los Angeles, United States

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7. Honolulu, United States

(Credit: The Huffington Post)

6. Melbourne, AustraliaTop 10 Most Expensive Cities In The World To Live In 2017

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5. San Jose, California, United StatesTop 10 Most Expensive Cities In The World To Live In 2017

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4. Auckland, New ZealandTop 10 Most Expensive Cities In The World To Live In 2017

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3. Vancouver, BC, CanadaTop 10 Most Expensive Cities In The World To Live In 2017

(Credit: websitesvancouver)

2. Sydney, AustraliaTop 10 Most Expensive Cities In The World To Live In 2017

(Credit: http://www.sydney.com)

1. Hong Kong, China: Continuing with its 7 year record, Hong Kong stays the most expensive city in the world.Top 10 Most Expensive Cities In The World To Live In 2017(Credit: Travel-images)

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