The Big Smoke’s status as a global financial hub, combined with high taxes and a high housing demand with a limited supply, are all factors that drive up expenses. With four Swiss cities taking up a huge portion of the top 10, the United Kingdom’s capital is the only other European city on this list. But other major cities in Europe with high prices include Copenhagen, Denmark; Vienna, Austria; and Paris, France; which rank 11th, 24th, and 29th, respectively.
9. Nassau, Bahamas
Real estate in a tropical paradise doesn’t come cheap, as is the case here in the capital of the Bahamas. Add to that, a large percentage of commercial goods are imported here, with taxes added on—all of which makes everyday items quite pricey. However, the Bahamas does not impose an income tax on its residents, which may be a perk for many.
10. Los Angeles, United States
