Alannah Isaacs’ Post

Top 10 Most Expensive Cities in the World 🔽 Think the U.S. is expensive? You're right. 7 of the top 10 most expensive cities globally are in the U.S., according to Numbeo’s 2024 Cost of Living Index. 1. Geneva, Switzerland – The most expensive city, with monthly living costs around $1,715 (excluding rent). 2. Zurich, Switzerland – Slightly pricier than NYC, with costs at $1,689. 3. New York City, USA – The priciest in the U.S., with rent at $4,480 and a cost of living 128% higher than the national average. Other U.S. cities in the top 10 include San Francisco, Boston, D.C., Seattle, L.A., and Chicago—offering great job markets but at a high cost.

Top 10 Most Expensive Cities in the World Think the U.S. is expensive? You're right. 7 of the top 10 most expensive cities globally are in the U.S., according to Numbeo’s 2024 Cost of Living Index. 1. Geneva, Switzerland – The most expensive city, with monthly living costs around $1,715 (excluding rent). 2. Zurich, Switzerland – Slightly pricier than NYC, with costs at $1,689. 3. New York City, USA – The priciest in the U.S., with rent at $4,480 and a cost of living 128% higher than the national average. Other U.S. cities in the top 10 include San Francisco, Boston, D.C., Seattle, L.A., and Chicago—offering great job markets but at a high cost.

Each year, The Economist publishes a ranking of the cities with the best living conditions. In 2024, the Liveability Index saw slight improvements, despite geopolitical conflicts, civil unrest and housing crises. This is partly due to advances in healthcare and education in a number of cities in developing markets. As the following chart shows, Vienna has been crowned as the world’s most liveable city, having secured an impressive score of 98.4 points. The Austrian capital has come first three years in a row thanks to its high scores in the categories of stability, infrastructure, education and healthcare. The Danish capital of Copenhagen and the Swiss city of Zurich are the next two cities to round off the podium. Although both of the Australian cities of Sydney and Melbourne and Canada’s Vancouver remain in the top ten, all three cities have seen their infrastructure scores drop due to their respective housing crises. For this reason, Toronto in Canada fell to rank 12 in 2024. At the bottom of the list come Damascus in Syria, Tripoli in Libya and Algiers in Algeria. The Ukrainian city of Kiev also features in the bottom 10, having been added back to the index last year after it was removed due to Russia’s invasion in 2022. It ranks 165th, with a score of 26.8. The study is based on the "Global Liveability Index", which determines and compares the varying quality of life of each city’s residents, grouped under five subcategories: infrastructure, healthcare, culture and environment, education and stability. The full list comprises 173 cities.

The World's Most Expensive Cities in 2024 Where Does Your Budget Go Further?🫠 This year, Geneva, Switzerland takes the top spot, with a Cost of Living Index Score of 101.7. This means it's 1.7% more expensive than living in New York City. Geneva's high cost of living is driven by factors like its status as the capital of peace, hosting the European headquarters of the United Nations, and its consistently high quality of life. Following closely behind is Zurich, Switzerland, at 0.4% more expensive than New York City. Known for its cleanliness, political stability, and infrastructure, Zurich has long been considered one of the most livable cities in the world. Rounding out the top three is New York City, the most expensive U.S. city on the list. The Big Apple is home to major companies like Google and J.P. Morgan Chase, contributing to its high cost of living. The rest of the top 10 includes a mix of U.S. and European cities Here's a glimpse at the top 10 most expensive cities: ⮬ Geneva, Switzerland ⮬ Zurich, Switzerland ⮬ New York, New York ⮬ San Francisco, California, United States ⮬ Boston, Massachusetts, United States ⮬ Reykjavik, Iceland ⮬ Washington D.C., United States ⮬ Seattle, Washington, United States ⮬ Los Angeles, California, United States ⮬ Chicago, Illinois, United States

11 out of the top 20 most expensive places to live in the Americas, are in the USA. The latest findings from a comprehensive survey in April 2024 by Xpatulator, which looked at 780 locations worldwide, give us a clear picture. San Francisco, with a Cost of Living Index (COLI) of 112.8, tops the list in The Americas and is fourth globally. This index uses New York City's cost of living as the baseline at 100. Housing costs make up about 30% of living expenses for an international professional. Housing costs are a pivotal factor in all 3 most expensive cities high cost of living. The convergence of limited space and a concentration of high earners sustains the cost of living at very high levels, making these cities challenging to manage the cost of living. https://lnkd.in/eRWSHYut

Today, the richest cities in the world are finance and tech hubs, drawing affluent residents to thriving metropolitans. Given the flow of wealth and high demand for prime property, it’s no surprise that these cities have some of the most exclusive residential markets globally. The above graphic shows the world’s wealthiest cities by the number of millionaires and billionaires, based on data from Henley & Partners - The Firm of Global Citizens® annual World’s Wealthiest Cities Report.

Is Your City the Best Place to Live? Curious about how liveable your city is? Discover the latest rankings from the #EconomistIntelligenceUnit (#EIU) in the 2024 #GlobalLiveabilityIndex. While the index doesn't specifically rate resilience to #GlobalWarming and #ClimateChange, sub factors like #Climate and #Water&SewageSystems do play a role. 🌍 In 2024, Vienna reigns supreme as the world's most liveable city. Damascus retains is bottom spot. Western Europe tops the charts. Middle East North Africa (MENA) and Sub-Saharan Africa are the least liveable. Conflict has made Tel Aviv the biggest loser, down 20 spots to 112. Hong Kong is the tallest jumper, from 61 to 50. 📉📈 India's best, Delhi and Mumbai, ranked 141 out of 173 in 2023. Poor air quality. It will take time for infrastructural developments to show effect. EIU ranks cities based on #Stability (crime rates, political environment, conflict risk), #Healthcare (public and private services, drug availability), #Culture&Environment (corruption, climate, socio-religious restrictions, cultural-recreational facilities), #Education (public and private), and #Infrastructure (public transport, roads, water systems, energy, housing, telecommunications). #Conflict is the biggest rank killer for 2024 followed by #HousingCrisis. Find out where your city stands! 🏙️ #CityRanking #UrbanLiving #Liveability https://lnkd.in/djup9XFp

🏢 UK: Productivity in the UK's second-tier cities lags behind 🌃 - In a recent report, the National Infrastructure Commission suggested that the major English cities outside of London suffer from a serious productivity shortfall, with productivity levels below the average. 9 of the second-tier cities have productivity lower than the UK average (excluding London). - A possible explanation is that London is weakening other cities by its dominance: It is starving them of fund, talent, and so on. But a comparison with France raises some doubts over that. As with London, Paris is highly productive. But with Paris removed from the national average, 10 out of the 15 largest French cities have productivity higher than the national. - The UK does have another region of very strong productivity performance: the super-region, the Greater South East. However, this super-regions tends to not have large cities. On that basis, the low productivity of the UK's second-tier cities is a consequence of high-growth economic activity being skewed towards the Greater South East. - UK productivity is focused on the towns and small cities around London with high incomes per head and good transport links to the capital, leaving the great cities of the Midlands, the North and the Devolved Nations ''starved'' of talents, of funds, of high growth companies, which leads to lower-than average productivity levels.

Australia: Sydney has been named one of the world’s wealthiest cities, with 147,000 millionaires calling the Harbour City home. According to wealth migration specialists, Henley & Partners, 2024 World’s Wealthiest Cities Report, Sydney comes in at Number 8. The city has 147,000 millionaires, with more than US$1 million, 205 Centi-millionaires (more than US$100 million) and 20 billionaires. “It traditionally attracts over 1,500 millionaires per year via migration and is home to some of the world’s most affluent suburbs including Bellevue Hill, Point Piper, Mosman, and Vaucluse.” Other Australian cities to make the list include Melbourne at Number 15, Perth at Number 34 and Brisbane at Number 42. Auckland, in New Zealand, also made the top 50, coming in at Number 49. Top 10: 1 New York City, USA - Average house price US$785K in 2024 2 The Bay Area, USA - Average house price US$1.2 million in 2024 3 Tokyo, Japan 4 Singapore 5 London, UK - Average house price US$854K in 2024 6 Los Angeles, USA 7 Paris & Île-de-France, France 8 Sydney, Australia - Average house price US$944K in 2024 9 Hong Kong, China 10 Beijing, China

I moved back to Europe a year and a half ago. The more we travel the more we appreciate different things in life. With remote and hybrid work still being a “thing” where would you chose to live if all the options were on the table? 🇦🇹Vienna has been crowned as the world’s most liveable city in 2024, with a score of 98.4 points, due to its high scores in stability, infrastructure, education, and healthcare. Followed by 🇩🇰Copenhagen and 🇨🇭Zurich. 🇦🇺Sydney, Melbourne, and 🇨🇦Vancouver remain in the top ten, but their infrastructure scores dropped due to housing crises. Toronto fell to rank 12 in 2024. The study is based on the Global Liveability Index, which compares the quality of life in 173 cities under five subcategories: infrastructure, healthcare, culture and environment, education, and stability. Source: statista - https://lnkd.in/dJ3xgc6d