The 10 most expensive cities to live in around the world in 2018

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The 10 most expensive cities to live in around the world in 2018

Vancouver housing

Reuters/Reuters Photographer

Vancouver, Canada.

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The world's most expensive cities to live in have been revealed in a major survey of almost 300 population hubs.

The destinations are named in the 14th Annual Demographia International Housing Affordability Survey: 2018.

It analysed 293 metropolitan housing markets in nine countries - Australia, Canada, Hong Kong, Ireland, Japan, New Zealand, Singapore, the UK, and the US - in the third quarter of 2017.

Using the "median multiple" approach, which involves taking an area's median house price and dividing it by - the median household income. So if the aver gae income was $50,000 and the average house cost $250,000, the median multiple would be 5.

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The method found 26 "severely unaffordable" locations, with the worst offenders in the USA, Australia, New Zealand, Canada, and China.

The survey also looked at all cities, non-major markets included - which is the data we've compiled below.

Scroll down to see the 10 most expensive cities to live in around the world in 2018.