ECA International has released its annual Cost of Living report, revealing the most expensive cities in the world to live in.
In order to produce the list, the business management consultancy compared the costs of a basket of day-to-day goods and services commonly purchased by expats in various countries, including groceries, household and recreational goods, leisure, clothing, meals out, as well as alcohol and tobacco, among other items.
European cities dominated the top of the ranking, with almost a third of the top 100 cities being located in the continent.
Meanwhile, only three US cities placed in the top 50 — and a surprise winner took the top spot.
Scroll down to see the 18 most expensive cities to live in the world, ranked in ascending order.
18. Yokohama, Japan.
Flickr via xiquinho17. Jerusalem, Israel.
Shutterstock/Sean Pavone16. Busan, South Korea.
ShutterstockSee the rest of the story at Business Insider
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