While traveling throughout the world the price of basic goods has the ability to vary drastically as you move from city to city and country to country. The price of a cup of coffee in London has the potential to be double the price of a cup of coffee in Honolulu. Most seasoned travelers are aware of the fluctuations and differences that come with the differing economies and cultures. Below are the top five most expensive cities in the world.
1. Luanda, Angola
Luanda, which was previously known as São Paulo da Assunção de Loanda, is the capital city, chief seaport and administrative center of Angola in South Africa. It comes in at the top of our list with an average monthly apartment cost of around $6,500. The cities high taxes, and internal conflicts keep the price of daily goods consistently at a premium. With a cup of coffee averaging $3.88 and a pair of jeans $204, it no wonder it tops the list.
2. Moscow, Russia
Moscow, which is known as the capital city of Russia as well as being the most populated Russian city, is a major political, cultural and economic center. With there being an average monthly rent average of around $4,600 and a cup of coffee costing you $8.29 it notably one of the most expensive cities to live in and visit. The high cost of living and prices on goods comes from there imported goods being consistently priced at a premium. Even a gallon of milk for $7.29 is going to cost you.
3. Tokyo, Japan
Tokyo, which is the largest metropolitan area in the world as well as being the capitol of Japan, makes the list of the most expensive cities in part due to its incredible dense population. With over 13.2 million people living within the city, it should come as no surprise that real estate is hard to come by. With average rents being around $4,513 a month apartments are not only hard to come by, but expensive.
4. N’Djamena, Chad
N’Djamena, the capital city of Chad, is located on the Chari River in Africa is one of the most expensive cities due not only to their prices on goods, but the price of travel to reach the city. The average monthly rent is $2,243. They with the average sandwich and soda costing around $25, traveling and living in N’Djamena can be quite the costly excursion. Travel Advisor found that an average price for a single round trip ticket was going to be somewhere in the $2,500 range. This is a beautiful African city that is going to cost you to experience its culture.
Singapore, officially the Republic of Singapore, rounds off the list as this island city-state can be more then pricey to be in. The average rent within the city is around $3,795 making it hard for the average person to afford the more luxury housing. The higher prices are due to the fact that Singapore has one of the fastest growing economies as well as a history of high inflation and taxes. The combination results in a premium pay for goods and services. There is a mandatory 7 percent goods and services charge as well as a mandatory 10 percent service charge on most purchases within the city.