Jun 21, 2023, 03:08 PM IST

Top 10 Asian cities in the list of 25 most expensive global cities in 2023

Pushpita Dey

Swiss wealth manager Julius Baer’s Lifestyle Index ranks the world’s 25 most expensive cities.

Asia continues to be the costliest region for luxury living for the fourth straight year.

10. Manila

The Capital of the Philippines is also one of the most expensive global cities, with a 20th ranking.

9. Mumbai

The only Indian city that has grabbed a spot on the list is Mumbai, in 18th place.

8. Tokyo

The position of Tokyo has certainly slipped by a few spots. However, it continued to be in the top 25 list, in 15th position.

7. Jakarta

Another developing economy that has made the list of the most expensive cities in 2023 is the capital of Indonesia. It is ranked 12th.

6. Bangkok

A developing economy like Bangkok has become one of the most expensive cities, surpassing Tokyo, in the 11th spot.

5. Taipei

The capital of Taiwan has once again made the list of the top 10 most expensive cities. It is ranked eighth.

4. Dubai

Dubai made it to the top 10 on the list for the first time and became the seventh-most expensive city in the world.

3. Hong Kong

The city has taken third place on the list of 25 most expensive cities globally.

2. Shanghai

Shanghai, China's financial hub, has jumped to the second position in the list.

1. Singapore

Singapore has become the most expensive city in the world for luxury living for the first time.

Images: Pexels