Let's go on a "journey" among the most expensive cities in the world, those destinations that, especially to live rather than as tourists, are better avoided, or at least, it is better to have two small bills in your pocket.
Here is the 2020 ranking of the 10 cities that must absolutely be avoided in view of "spending review". In this special list there are some European cities but no Italian ones: let's find out what they are!
The ranking is based on data collected by Numbeo on the Cost of Living Indices. These indices take as a point of reference the costs of living in the city of New York, which therefore assumes the value of 100 in this ranking. Consequently, if the index of a city is 120 it means that on average it is 20% more expensive compared to New York, and consequently, if the index is 80 it is 20% cheaper than in New York.
To better interpret these indices, a series of costs related to the city of New York (forextradingitalia data) which is taken as a reference here:
- Rent apartment (3 bedrooms) in the center: € 1.815,63
- Rent apartment (3 bedrooms) on the outskirts: € 1.411,77
- Lunch or dinner for 2 people (3 courses): € 70,00
- 1 Lt of milk: € 1,00
- 1/2 kg of bread: € 3,35
- Fuel: € 0,70 liter
- Local transport ticket: € 2,50
- Household utilities (electricity, gas, MSW, heating): € 140,00 / month
- Average monthly salary (after taxes): € 2.686