Tel Aviv
There are several factors behind Tel Aviv being 8th on the list of top 10 most expensive cities in the world, having high property expenses, a strong economy, and a high level of living. The average cost of living in the city is $2201 which gives it a position in the top 14% of the world’s most expensive cities.
The average after tax income in tel aviv is $3126, which is enough to pay 1.4 months’ worth of living expenditures. According to ECA International’s assessment, the city is the eighth most expensive in the world for foreigners, and it was ranked first in 2021 and third in 2022. Inflation and property costs have been rising with expectations that the home costs may rise further.
Top 10 Most Expensive Cities in the World
As the cost of living continues to rise globally, certain cities stand out as beacons of luxury and opulence, commanding sky-high prices for everything from housing to daily essentials. These cities, often magnets for the wealthy and influential, offer unparalleled amenities, cultural richness, and economic opportunities.
In this article, we’ll delve into the top 10 most expensive cities in the world.