New York is the second most expensive city in the world to rent According to the annual report of ECA International, the global mobility company. This report analyzes the costs of consumer goods and services in more than 490 cities around the world and rental costs in more than 420.
According to this report, London and New York saw the most significant price increases among the 10 most expensive cities. London rose 20% while New York increased 12%.
Most expensive cities to live in 2022
1. Hong Kong
Country: Hong Kong
Position in 2021: 1
2. New York
Country: United States of America
Position in 2021: 4
3. Gin
Country: Switzerland
Position in 2021: 3
4. London
Country: United Kingdom
Position in 2021: 5
5. Tokyo
Country: Japan
Position in 2021: 2
6. Tel Aviv
Israel
Position in 2021: 7
7. Zurich
Country: Switzerland
Position in 2021: 6
8. Shanghai
Country: China
Rank in 2021: 9
9- Guangzhou
Country: China
Rank in 2021: 10
10. Seoul
Country: Republic of Korea
Rank in 2021: 8