Global living costs continue to climb in 2025, and the latest ranking of the world’s most expensive cities shows how sharply prices have risen in key global hubs. According to Bloomberg Business, the list reflects soaring housing costs, premium services, strong currencies, and high demand for urban lifestyles, especially in major financial and commercial centers.
Singapore tops the ranking as the world’s most expensive city, driven by high real estate prices, costly private transport, and its status as Asia’s leading financial hub. London takes second place, where housing shortages, high rents, and everyday expenses continue to strain residents. Hong Kong ranks third, with extreme property prices and limited space keeping the cost of living among the highest globally.
Rounding out the top ten are Monaco, Zurich, Shanghai, Dubai, New York City, Paris, and Milan—cities that combine global influence with premium living costs. Together, the rankings highlight a clear trend: the world’s most connected cities remain highly desirable, but that prestige increasingly comes with a steep price tag for residents and newcomers alike.
