We have covered some of the most expensive cities in Europe in this post which we think are still worth visiting.
In this day and age where technology is everything, and everywhere, one can easily access anything, be it infrastructure, communication, or transport.
Everything is moving at a fast pace, and things have been even more efficient. But you cannot get everything good with ease. When the world is witnessing developments and expansion of technology, so does the inflation rate soaring at a high level in each passing day.
At the same time, standards of living are also going high with some of the essential commodities available at high prices. This change has affected a lot of parts of the world. According to a survey, you can find the most expensive countries with a higher cost of living. Some cities in Europe top this list.
Here are some of the most expensive cities in Europe that are still worth a visit.
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Table of Contents
- Top 15 The Most Expensive Cities in Europe That Are Still Worth the Visit
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Top 15 The Most Expensive Cities in Europe That Are Still Worth the Visit
Thanks to its high PI index, this city tops the list as the costliest city in the world when it comes to the cost of living. It is among the official capitals of the European Union Court of Justice, and it has a lot of people from various countries and races who are here with green pastures.
When compared to the US, the city of Luxembourg is the most expensive place in the world. On average, a resident in the US would spend 7.90 less on food items and groceries than a person in Luxembourg. In the US, the prices of rent are 32.41% lower. The cost of living in Luxembourg is surprisingly high, making it one of the most expensive cities in Europe.
Read also: Top 10 Castles in Luxembourg
Rome is widely known as one of the most visited cities in Europe, but it comes with the cost. Rome is the capital of Italy and a major romantic getaway and a tourist-friendly capital for many of us when it comes to ancient architectural infrastructure and complexes. It is known as the Global City as it has become the origin of several popes in the world, since Nicholas V.
It serves as a headquarter of a massive range of local and international businesses. As discussed earlier, it has an enormous cost of living. It ranks 35th on the list as one of the most expensive cities in Europe and lifestyle is 50% more expensive here than in Prague in all aspects from entertainment to food.
It is the most livable yet costliest city in the world, all thanks to its high cost of living. For example, a citizen in New York would spend 18% less on clothes and someone in Prague would pay 59.15% less on groceries and food. It has the PI index of over 175.
The capital of Iceland, Reykjavik is one of the most expensive cities in Europe. With a regular flow of tourists and being a capital state, the town is loaded with entrepreneurs and investors who want to improve their business. It is one of the greenest, cleanest and safest cities in the world. But it is additionally one of the most expensive places to live in Iceland.
There is a high population, and so is the living cost. For instance, a person in Reykjavik spends 120% more in the cost of housing, food, entertainment, transportation, and personal care than the one in Prague. The cost of living is usually 138% more than that of the central city.
The city has the average population, and it is still the costliest city in the world even in Switzerland. German is the official language here, and it is proud of its rich past with several historical sites and museums. This city is one of the largest financial centers in the world, and it has a lot of financial and banking institutions.
Thanks to its rapid growth rate, the city has been the center of attraction for several foreign investors, and it leads to the increased cost of living and population.
On average, a resident in Zurich spends around 74% more than in New York on clothing and food, and 10% more on personal care. But the cost of entertainment and transportation is low as compared to the 100 price index of the most expensive country in the world.
It is one of the top 10 regions in the country when it comes to GDP. This city is known to be the official seat of several government agencies and even the Swedish government.
It has become the center of attraction for a lot of professionals, diplomats, and corporate people which lead to sky-high costs of living.
For two people, the cost of a meal goes for around €262. A resident in Stockholm will spend approximately 29% more on clothes and 1% more in transit when compared to a citizen in New York.
Paris in France has always been the hottest favorite city for many celebrities, travelers and honeymooners thanks to its architectural landmarks and historical attractions since time immemorial. The Louvre has welcomed more than 7.4 million visitors in 2016, and it has become one of the most anticipated museums in the world.
Paris is also ranked among the world’s best football clubs, named “Paris Saint-German” and a rugby union club “Stade Francais.” It is a very charming city, and it has a vast range of tourist attractions.
For example, Paris was known as one of the leading tourist destinations with an average of over 22.2 million visitors. But living in Paris is not for the faint-hearted, mainly because it needs a fortune or be ready to starve. It has around 195 of the PI index.
An average resident spends 94% more than what you are going to pay when living in Prague. It is ranked 29th as one of the most expensive cities to live in the world. Even a single meal costs €14 in the cheapest restaurant.
The capital city of Ireland, Dublin is a highly populated city, and it has a lot of high tax rates and business units. The budget for each resident is very high, and it is one of the top 30 cities and most luxurious cities in Europe.
It is ranked 43 among 516 cities, and the overall cost is 69.30 percent higher than that of Prague. An average resident spends 37% more on clothes and transport here than in New York.
The residents of this European city have something to be proud of, and the costs of living are expected to go down thanks to Britain which is voting from the EU.
Read also: Top 11 Beautiful Islands in Ireland to Visit
Even after 600 years, nothing has been changed in Venice, which adds to its unique character. It receives more than 20 million tourists and has a population of only 56000 residents. It may seem huge, but it’s made of various boroughs.
It has an area having 118 islands in the primary districts like Cannaregio, Sestieri, Dorsoduro, Castello, santa Croce, San Polo, and San Marco, where you can find main sights and monuments.
Some other notable districts are Lido di Venezia and Isola Della Giudecca. In the lagoon, some of the major islands are Torcello, Murano, Burano, and San Francesco del Deserto.
Read also: Best Day Trips from Venice
The capital city of Denmark, Copenhagen is also a densely populated city. Initially, it was a Viking fishing village in the 10th century.
This city faced the effects of virus and fire in the 18th century; it went through a period of redevelopment, along with Frederiksstaden’s construction and the founding of institutions, including the Royal Theatre and Royal Academy of Fine Arts.
In the 19th century, the city faced other blows when Nelson bombarded it. Finger Plan boosted the development of housing and business after the Second World War, including five routes of an urban railway. Copenhagen has seen a new beginning in the 21st century when it comes to significant growth.
The tiny city-state of Monaco is covered by France, even though the Italian Riviera is located only a few kilometers on the Far East. It is the second smallest individual state in the world and is virtually entirely urban. It has a great harmony between modern and historical tourist attractions. Today, it is one of the most expensive cities in the world to visit.
It has a lot of palaces and museums to visit along with casinos and shopping malls. Monaco has relaxation spots along with harbor and across the attractions. It is effortless to visit Monaco and Monte Carlo if you have time to learn shortcuts.
Read also: Best Day Trips from Monaco
The UK is, without a doubt, the most expensive country in the world when it comes to visiting and living in. It is also known as the metropolis or the Queen’s city, and it has always been the hottest favorite of numerous people because of a lot of entertainment options, including art, fashion, healthcare, media, and everything.
The Capital of England has a vast range of people speaking around 300 different languages. London seems to be part of one of the most expensive countries as the cost of living skyrockets every single day here. The average spending on groceries is 31.69% higher as compared to Prague and is 53.78% higher regarding housing.
Read also: Top 10 Day Trips from London
Oslo is one of the most densely populated and famous cities in Norway. Currently, it is the capital city of the nation and has become the center of attraction for trading. It is both a governmental and economic city of Norway. It is the hub for shipping and banking. Oslo has been attractive to professionals seeking jobs and investors each passing year.
Oslo is known as the center for maritime industries and trade in Europe. It has attracted various companies to invest in naval sectors, and some of which seem to be the world’s largest shipping companies, shipbrokers, and maritime insurance brokers.
Read also: Top 10 Stunning Castles in Norway to Visit
It is one of the leading cities of Switzerland, and it houses United Nations headquarters in Europe along with the Red Cross. In this city, you will find the breathtaking view of Mont Blanc, and it has hosted a lot of conferences of diplomacy attracting powerful and prominent people.
But Geneva also has the highest cost of living, making it one of the most expensive cities in Europe. With a price index of 249 which is very high as compared to the central reference city. Even transportation is not that affordable, and it has 10% of adversity. It has been rated as one of the most overpriced places to live.
Vienna is a city in Austria. It is further the capital city for the Republic of Austria and the largest for its population of over 1.7 million. It is the economic, cultural and political center of Austria. It has trappings of the imperial capital.
It has an excellent public transit system, including commuter rail, rail, trams, underground, and buses. It may look simple at first, but it is also the most expensive place to live in the world.
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