World's Most Expensive City

The 2024 Mercer's Cost of Living survey assessed 226 cities based on the cost of more than 200 items, including transportation, food, clothing, entertainment

Chinese cities were among the biggest movers down the rankings, mainly due to the country's slow post-pandemic recovery and subdued consumer demand

Soaring inflation and rising accommodation costs were cited as reasons for New York topping ECA International's Cost of Living Rankings for 2023

Higher prices and a stronger currency over the past year kept the Asian city at the top of the tree, according to ECA International

Asia Pacific and European destinations dominated the ranks of costliest cities identified in the report released this week