Photos: 10 most expensive cities for expats in 2023

The London-based ECA International’s cost of living rankings for expats in 2023 is out, positioning New York as the costliest

Published on Jun 08, 2023 08:22 AM IST 10 Photos

People crowd in Times Square as Manhattan in New York City, New York, United States. The New York city replaced Hong Kong as the world's most expensive city to live in as an expat, the ECA International’s Cost of Living Rankings for 2023 said. The revelation is not surprising since the Economist Intelligence Unit's (EIU) Worldwide Cost of Living Index released in December last year branded New York as world's most expensive city to live in for anyone!(REUTERS)

A general view of skyline buildings, in Hong Kong. The Asian city which topped the chart in last year's rankings, stood at the second spot this time. Hong Kong also remains the second most expensive city in the world for business travel after New York.(REUTERS)

A view of the Corraterie Street in Geneva. The second most populous city of Switzerland, Geneva tops the European cities as most expensive for expats but its not alone. Zurich, the global centre for banking and finance, located in Switzerland also features in the list at spot 6.(REUTERS)


People enjoy the sunshine and the warm weather on the grass by Tower Bridge, in central London. The site of British monarch coronations, London has turned out to be the 4th most expensive city for expats. This comes amid as the UK inflation is hovering around a 40-year high. The country's annual inflation slowed to a 13-month low in April, but remains elevated at 8.7 percent as soaring food prices offset weaker energy costs.(AFP)

The second in the list among Asian places, Singapore made a sharp jump to the fifth spot this time from 13th spot from last year. Explaining the shift, the survey body's Regional Director for Asia, Lee Quane told Bloomberg, “The Southeast Asian financial hub’s rise was due largely to major increases in accommodation costs.”(Bloomberg)