Top 10 most expensive cities to live in 2019. Setup costs and living expenses rank the most in-demand cities around the world from most to least costly.
What are the top 10 most expensive cities to live in 2019?
Research by Movinga ranks each of the most in-demand cities from around the world from most to least expensive. Their research looked at how much it would cost for both individuals or families from the U.S. to relocate and live in each city.
Calculating the top 10 most expensive cities list required Movinga to factor in the cost for day-to-day living in those cities, including the cost of buying a new phone plan, getting a work visa, renting temporary accommodations, storing your goods, the rental deposit plus first month’s rent and the cost to set up an internet connection. So, how did it all turn out?
The Most Expensive City to Live In 2019 in the U.S.
It turns out that San Francisco is the most expensive city for Americans to move to and live in. Getting setup in San Francisco costs $13,531 for an individual and $24,004 for a family. The primary driver for San Francisco’s ranking is its outrageous housing costs, which we’ve covered extensively on ThinkGlink.com. An individual can expect to spend $3,135 on rent each month and for families, the average rent is $4,602.
Top 10 Most Expensive Cities to Live in 2019
These are the top 10 most expensive cities to live in 2019 (with setup costs for individuals and families):
- San Francisco ($13,531 for individuals, $24,004 for families)
- Dublin ($12,214, $20,817)
- New York ($12,041, $20,070)
- Sydney ($12,039, $28,649)
- Geneva ($11,762, $20,341)
- Hong Kong ($11,660, $18,577)
- Zurich ($11,534, $19,200)
- Boston ($11,104, $20,738)
- Reykjavik, Iceland ($10,204, $16,375)
- Melbourne ($9,988, $24,873)
Top 10 Least Expensive Cities to Live in 2019
The good news is that there are plenty of cities that are far less expensive than those on the Top 10 Most Expensive Cities to Live in List. Here are the top 10 least expensive cities to live in 2019 (with setup costs for individuals and families):
- New Delhi ($1,930 for individuals, $5,010 for families)
- Istanbul, Turkey ($2,315, $4,351)
- Sofia, Bulgaria ($2,394, $4,862)
- Buenos Aires, Argentina ($2,422, $4,794)
- Kuala Lumpur ($2,525, $5,216)
- Manila, Philippines ($2,744, $5,830)
- Jakarta, Indonesia ($2,757, $6,872)
- Bogotá, Colombia ($2,854, $5,624)
- St. Petersburg, Russia ($2,920, $6,309)
- Bucharest, Romania ($2,928, $5,666)
“The costs in this price index are designed to be an indicator of the kind of expenses a person may incur by moving to a new city. In many cases, an individual moving abroad may be sponsored by a new employer to do so and will receive financial help or pre-paid temporary accommodation,” notes Finn Age Hänsel, Managing Director of Movinga. “However, for those trying to calculate how much money they would need to save to move abroad both for themselves, and potentially their family, this price index offers a great benchmark estimate.”
If you’re moving to another city as a condition of taking a new job, you’ll want to check out the total cost of living in your new city before accepting the offer. You’ll be in a stronger position to negotiate for extra money and perks before you accept than once you’ve moved to your new locale, only to find that your new salary doesn’t stretch quite as far as you wish it would.