Singapore tops the list of the world’s most expensive cities in 2025, followed by London and Hong Kong, according to the Julius Baer report.
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News1819-12-2025, 15:23

Singapore Tops World's Most Expensive Cities List for 3rd Year in 2025

  • Singapore retains its #1 spot for the third consecutive year in 2025 due to strong economy, stability, and high living standards.
  • London climbs to #2, surpassing Hong Kong, driven by financial influence, luxury real estate, and top educational institutions.
  • Hong Kong slips to #3 but remains expensive due to its low tax regime, strong investment environment, and role as a gateway to China.
  • Monaco (#4) and Zurich (#5) maintain high rankings due to tax advantages, luxury lifestyle, strong currency, and quality of life.
  • Shanghai (#6), Dubai (climbs 5 spots), New York, Paris, and Milan complete the top 10 list for 2025.

Why It Matters: Singapore leads as the world's most expensive city in 2025, with London and Hong Kong following.

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