As of mid-2024, Montevideo ranked as the second Latin American and Caribbean metropolis with the highest cost of living index. The Uruguayan capital obtained an index score of 54.1, only second to Port of Spain, in Trinidad and Tobago, with 56.4 points. Monterrey and Panama City were the third and fourth most expensive cities to live in Latin America and the Caribbean that year, with scores surpassing 45 points each.
In the last quarter of 2024, three of the ten most expensive cities in the United States for business travel when it comes to food costs were located in California. However, the ranking was topped by Honolulu, which average daily food cost amounted to 118 U.S. dollars at that time.
Damascus in Syria was ranked as the least expensive city worldwide in 2023, with an index score of ** out of 100. The country has been marred by civil war over the last decade, hitting the country's economy hard. Other cities in the Middle East and North Africa, such as Tehran, Tripoli, and Tunis, are also present on the list. On the other hand, Singapore and Zurich were ranked the most expensive cities in the world.
In 2019, New York was the most expensive city in the United States for ridesharing, with an average of 18.73 U.S. dollars per trip. During the same year, Oklahoma was the least expensive city in the U.S. for a rideshare, with an average of 9.91 U.S. dollars per ride.
New York was the most expensive U.S. city for business travelers in the last quarter of 2024, with the daily cost of accommodation, food, and car hire totaling 660 U.S. dollars. In the second place was Boston, where business tourists spent around 480 U.S. dollars each day on average.
This statistic presents the most expensive cities for automobile insurance in the United States in 2014. Detroit proved to be the most expensive U.S. city for auto insurance, with an average car insurance price of 10,723 U.S. dollars.
This statistic shows the most expensive cities for hotels in the United States as of June 2013. New York was the most expensive U.S. city for hotels as of June 2013 with a median hotel rate of 245 U.S. dollars.
This statistic shows the most expensive city hotels in the United States as of October 2014. With an average room rate of 1,189 U.S. dollars during October 2014, Soho House in New York City was the most expensive city hotel in the U.S.
This statistic shows the most expensive cities for hostel bookings worldwide as of December 2014. According to the GoEuro Accommodation Price Index, New York was the most expensive city with an average cost of 65 U.S. dollars per night.
In the last quarter of 2024, New York registered the highest hotel prices for business travelers among major U.S. cities. On average, a business visitor in the 'Big Apple' could spent around 479 U.S. dollars on hotel accommodation per day.
In the fourth quarter of 2022, the most expensive city for business travel in the Americas (excluding the United States) was Toronto, with daily costs amounting to nearly 388 U.S. dollars. San Juan, Puerto Rico's capital, followed in the ranking, with daily costs for hotels, food, and transportation reaching an average of around 381 U.S. dollars.
Puerto Rico's capital ranked in the third quarter of 2024 as the most expensive destination among major business travel cities in Latin America. In those months, a business trip to San Juan could cost on average around 365 U.S. dollars per day, including hotel, basic meals, and transportation from the airport to the city center. Regarding accommodation, Panama was the most expensive city in that period, while San Juan registered the highest price of taxi transportation and food.
As of October 2024, the city with the most expensive hotel rate in the United States was Boston. Visitors to the East Coast city could expect to pay 320 U.S. dollars for a doube room during that period. Meanwhile, New York ranked third with an average rate of 284 U.S. dollars.
New York was the world's most expensive city for business tourism in the 4th quarter of 2024, reaching an average daily cost of around 660 U.S. dollars. Among the top ten of that period, three cities were located in the United States.
In 2023, Hong Kong was the most expensive city for business travel in the Asia-Pacific region, in which daily costs amounted to approximately 456 U.S. dollars. On the other hand, the daily cost for business travel in Bengaluru was approximately 177 U.S. dollars in 2023.
This statistic shows the most expensive cities for Airbnb accommodation worldwide as of December 2014. According to the GoEuro Accommodation Price Index, Boston in the United States was the most expensive city with an average cost of 274 U.S. dollars per night.
West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.
Cities in the United States dominate the list of cities with the highest rents worldwide. New York was ranked as the most expensive city to rent in, ahead of San Francisco, with an index score of ***. Boston followed in third.
Of the most populous cities in the U.S., San Jose, California had the highest annual income requirement at 288,953 U.S. dollars annually for homeowners to have an affordable and comfortable life in 2024. This can be compared to Houston, Texas, where homeowners needed an annual income of 87,991 U.S. dollars in 2024.
Of the cities who have experienced cost of living increases, the top three are located in Latin America, two in Mexico and one in Costa Rica. Each moved 38, 39, and 48 spots in the ranking respectively since 2022. Due to increases in interest rates, the Mexican peso and Costa Rican colón have both appreciated against the U.S. Dollar. Comparatively, Singapore and Zurich were ranked the most expensive cities in the world.
As of mid-2024, Montevideo ranked as the second Latin American and Caribbean metropolis with the highest cost of living index. The Uruguayan capital obtained an index score of 54.1, only second to Port of Spain, in Trinidad and Tobago, with 56.4 points. Monterrey and Panama City were the third and fourth most expensive cities to live in Latin America and the Caribbean that year, with scores surpassing 45 points each.