Expensive Cities: This is the most expensive city in the world, you will be ruined just by shopping

Who does not dream of living in the beautiful cities of the world. However, not only the beauty but also the cost of living in these cities is very high. Today we are going to tell you about some of the most expensive cities in the world.

Shanghai is China's largest city and global financial center. Top of the list of most expensive cities in the world for rich people to live in. Rising prices of luxury items and rising inflation have affected the lifestyle here.

London, the capital of the United Kingdom, is second only to Tokyo. It is the second most expensive city in the world for rich people to live in. The high rates of luxury items like designer handbags, shoes, watches have made it an expensive city for the wealthy living in the cities of London.

Taiwan's capital Taipei ranks third on this list. One report states that the findings show that even the rich are not free from inflation. Here the financial position of high networth individuals has improved as compared to last year. The rates of goods and services have increased.

Hong Kong is in fourth place. It is ranked only after analyzing the value of residential property, car, airfare, business school and other luxuries.

Singapore is the fifth most expensive city in the world for rich people to live in. Globally, the price of tech items such as laptops and smartphones has risen the most by 41%. The lack of work from home culture and global chips has led to such an increase.

This European city ranks sixth. The city's findings are based on an analysis of the prices of about 20 goods and services.

Zurich is the seventh most popular tourist destination in Switzerland. The data was collected in two rounds between November and April, the report said.

Tokyo, the capital of Japan, is the eighth most expensive city in the world for the rich to live in. This busy city is a mix of modern and traditional lifestyle.

Sydney, Australia is ranked ninth. The report states that the Russian capital, Moscow, has been removed from the list.

The French capital ranks 10th. Global uncertainty, the Corona epidemic, rising inflation and rising geopolitical tensions have increased the purchasing power of the people here.