The annual analysis of the most expensive cities in the world to live in by UBS is out and take a wild guess which city is the priciest of them all?
The headline should have given you a hint since we said “teams.”
Yep, you got it. New York, New York is the most expensive city in the world in which to live. This is why even NBA players like Brooklyn Nets rookie Rondae Hollis-Jefferson need roommates, folks.
Here is a list of the top 15 (via the Wall Street Journal)…
1. New York
6. Hong Kong
13. Los Angeles
The cheapest cities last year among the 71 surveyed were Kiev, Ukraine and Sofia, Bulgaria, but I don’t see myself moving to those places anytime soon.
The study also determined the interesting facts that New Yorkers have to work on average 11 minutes to afford a Big Mac and 24 hours to be able to buy an iPhone 6.
Of course that pales in comparison to places like Shanghai where it takes 163.8 hours to earn enough to purchase an iPhone 6 and the whopping 334.2 hours it takes for residents of Manila. Brutal.
Money image by Shutterstock