The world’s most expensive countries to live in

Updated

New York City has a reputation as being one of the most expensive places to live in the U.S., but it's also one of the most expensive in the world. Only four countries are more expensive to live in than the Big Apple, with a cost of living up to 31 percent higher.

GOBankingRates crunched numbers from around the world to find the places where your money stretches the least when it comes to daily living (i.e. overall cost of living, rent, grocery and restaurant costs), along with the local purchasing power (LPP) that shows how much your dollar can buy. Generally, the higher the overall cost of living and the lower the purchasing power, the higher the country ranked on this most expensive list.

Click through to read more about the countries where it will cost you the most money to live.

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