The most expensive cities
Research by UBS; Review by City Mayors


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Zurich, Geneva and Oslo are the
most expensive cities in the world

June 2018: Zurich, Geneva and Oslo are, according to the UBS research, the most expensive cities in the world. It is estimated that in Geneva the average family of three spends the equivalent of US$700 on food every month. A similar basket of items would only cost $480 in New York City, $426 in Paris, $393 in London or $353 in Berlin. But while almost five dollars for a cup of coffee in Zurich seems expensive, the most expensive cappuccino is served in Copenhagen. Romans pay less than one dollar for their morning espresso.


Rank
(Prices)
City
Rank
(Earnings)
Cup of Coffee
(in US dollars)
1
Zurich
2
4.98
2
Geneva
1
4.21
3
Oslo
6
3.88
4
Copenhagen
5
6.24
5
New York
7
3.13
6
Tokyo
17
3.47
7
Milan
27
1.33
8
London
24
3.88
9
Chicago
10
2.76
10
Helsinki
20
3.65
11
Sydney
16
3.17
12
Paris
23
4.13
13
Auckland
25
3.13
14
Stockholm
13
3.65
15
Luxembourg
3
3.91
16
Seoul
38
4.16
17
Dublin
19
3.59
18
Brussels
28
2.90
19
Tel Aviv
32
4.09
20
Los Angeles
4
2.87
21
Panama City
48
2.60
22
Vienna
9
4.35
23
Munich
12
3.75
24
Amsterdam
21
2.82
25
Miami
8
3.93
26
Montreal
15
2.38
27
Frankfurt
14
2.82
28
Rome
22
0.99
29
Toronto
11
2.23
30
Berlin
18
3.19
31
Lyon
26
2.72
32
Taipei
33
3.72
33
Hong Kong
29
3.33
34
Madrid
31
2.05
35
Zagreb
49
2.19
36
Dubai
36
5.70
37
Athens
44
3.98
38
Nicosia
34
2.38
39
Manama
35
4.79
40
Barcelona
30
1.73
41
Tallinn
42
2.74
42
Lisbon
40
0.74
43
Ljubljana
37
1.60
44
Bratislava
54
1.91
45
Buenos Aires
52
1.93
46
Beijing
62
4.42
47
Shanghai
58
4.60
48
Santiago de Chile
45
3.39
49
Doha
41
6.40
50
Prague
47
2.41
51
St Petersburg
66
3.73
52
São Paulo
43
1.50
53
Johannesburg
51
1.49
54
Moscow
63
4.31
55
Bangkok
61
2.00
56
Rio de Janeiro
50
1.75
57
Vilnius
53
2.54
58
Riga
60
3.42
59
Kuala Lumpur
56
1.58
60
Riyadh
39
3.04
61
Lima
59
3.05
62
Jakarta
74
4.10
63
Warsaw
46
2.50
64
Budapest
57
2.17
65
Bogotá
68
1.63
66
Bucharest
55
2.24
67
Istanbul
67
1.41
68
Nairobi
70
1.83
69
Mexico City
72
2.58
70
Sofia
64
1.72
71
Hanoi
65
1.55
72
Mumbai
76
1.06
73
New Delhi
75
1.52
74
Manila
69
1.87
75
Kiev
73
1.92
76
Lagos
71
0.62
77
Cairo
77
1.36

Data source: UBS Prices and Earnings Survey 2018