When one imagines which is the most expensive city in the world to live in, one would think of Paris, New York or maybe like Singapore. The statistics will also confirm that these cities are in fact the most expensive places to have a home. To everyone’s surprise, Tel Aviv, a beautiful city in Israel has now emerged as the most expensive city in the world according to the Economist Intelligence Unit (EIU).

One of the biggest reasons how the city reached to the top of the list is because the Israeli currency Shekel rose up against the Dollar. In addition to this, Israel has also been one of the fastest growing Covid-19 vaccination programs in the world. Also, the inflation rate in the country rose by 3.5 per cent. As per the list released by the EIU, here are the top 10 most expensive cities to live in.

1. Tel Aviv, Israel

2. (tie) Paris, France

3. (tie) Singapore

4. Zurich, Switzerland

5. Hong Kong

6. New York City, New York

7. Geneva, Switzerland

8. Copenhagen, Denmark

9. Los Angeles, California

10. Osaka, Japan

So we tried doing a temperature check on how much money one might need to spend in Tel Aviv. While there is no end to how much money one can spend in a city, before Tel Aviv became this expensive, on an average one needed $137 per day. According to Budgetyourtrip,  the average hotel price in Tel Aviv for a couple is ($166). So that means a trip to Tel Aviv for two people for one week costs on average of $1,876, which is around Rs. 1,40,551. Now given the inflation and everything, it is obviously going to be more than this at current exchange of currency.

So in case you ever plan to travel to a slightly less explored city in the world, then this is your bet. Just make sure you have saved enough money first.

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