The Most Expensive City To Live Is Not In Europe, It’s Here In The USA And Their Football Teams Suck

most expensive city to live

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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
2. Zurich
3. Geneva
4. Oslo
5. London
6. Hong Kong
7. Chicago
8. Copenhagen
9. Sydney
10. Tokyo
11. Miami
12. Auckland
13. Los Angeles
14. Luxembourg
15. Dubai

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.

Check out the rest of the study (with graphs!) over at The Wall Street Journal and UBS.com.

Money image by Shutterstock