10 most Expensive cities to live and work
1. London
Annual accommodation cost: $112,800
Change from previous year: 2%
London is expensive. Everyone knows this. But it’s also pricey for employers — the annual price tag for accommodating a worker in London is higher than in any other city, according to Savills. The real estate provider arrived at this ranking by examining residential and office rental costs in cities around the world.
2. New York
Annual accommodation cost: $111,300
Change from previous year: 5%
3. Hong Kong
Annual accommodation cost: $103,200
Change from previous year: 3%
4. Paris
Annual accommodation cost: $78,200
Change from previous year: -4%
5. Tokyo
Annual accommodation cost: $69,800
Change from previous year: 0%
6. San Francisco
Annual accommodation cost: $66,300
Change from previous year: 13%
7. Lagos
Annual accommodation cost: $63,000
Change from previous year: n/a
8. Singapore
Annual accommodation cost: $60,600
Change from previous year: -4%
9. Dubai
Annual accommodation cost: $58,300
Change from previous year: 4%
10. Sydney
Annual accommodation cost: $49,500
Change from previous year: 2%
