Business
The six most expensive cities to live in Europe
New York: The Covid-19 pandemic has added significant uncertainty to the global economy, making the cost of living more expensive in some cities of Europe.
According to a new research conducted by the Economist Intelligence Unit (EIU), Dublin, Paris and Zurich are among the world’s most expensive cities.
In Europe, Dublin was deemed to have a higher cost of living than Milan, Paris, Amsterdam and Frankfurt.
Dublin
The capital of Republic of Ireland has highest average wages and rising costs for housing, transportation and groceries is making it more expensive to live in Europe.
Paris
Annual wages in Paris are relatively modest and are ranked 6th at France overall. However, property costs are exceptionally high in the capital which made Paris to be one of the most expensive places to live in Europe.
Stockholm
Sweden ranks as having one of the highest standards of living in Europe due to the cost of local goods and services including food, transportation, and rent. It is relatively modest in comparison to other European cities.
Bergen
The Norwegian coastal city which is surrounded by mountains and fjords has recorded high cost of living in comparison to people living in Los Angeles in the US.
Zurich
The city is one of Switzerland's financial hubs but it also boasts one of the highest costs for transportation, accommodation, and utilities.
Geneva
Geneva is a city in Switzerland that lies at the southern tip of expansive Lac Léman (Lake Geneva). It is surrounded by the Alps and Jura mountains. The Swiss city is 3% more expensive to live in than New York City.
The least expensive cities in Europe are Tunis, Windhoek, Tashkent and Bishkek.
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