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. (File Photo)
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News1819-12-2025, 15:31

Singapore Tops World's Most Expensive Cities in 2025: London Climbs, Hong Kong Slips

  • Singapore retains its position as the world's most expensive city for the third consecutive year in 2025, driven by strong economic fundamentals and high living standards.
  • London climbs to second place, surpassing Hong Kong, due to its global financial influence, luxury real estate, and top educational institutions.
  • Hong Kong slips to third but remains expensive, appealing with its low tax regime and strong investment environment.
  • Monaco (4th) and Zurich (5th) feature due to tax advantages, luxury lifestyle, strong currency, and high quality of life.
  • Shanghai (6th), Dubai (climbs 5 spots), New York (only US city), Paris (9th), and Milan (10th) complete the top ten 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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