The 15 cities where it's most expensive to live a high-end lifestyle, from buying prime real estate to hiring a personal trainer
- Swiss bank Julius Baer ranked the most expensive cities for living a high-end lifestyle in its Global Wealth and Lifestyle Report 2020.
- The bank surveyed 28 cities around the world, looking at costs of things like real estate, cars, designer clothing, fine dining, business class flights, personal trainers, and boarding school.
- Three Asian cities topped the list: Hong Kong, Shanghai, and Tokyo.
- New York is the fourth-most expensive city, followed by Singapore, Los Angeles, and London.
- Monaco is the priciest city for residential real estate, and Singapore is the most expensive to buy a car.
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If you're looking to live a high-end lifestyle for as cheaply as possible, you probably want to avoid cities like Hong Kong, Singapore, and New York.
In its Global Wealth and Lifestyle Report 2020, Julius Baer ranked the world's most expensive cities for living a high-end lifestyle.
The bank surveyed 28 cities around the world: 10 in Asia, 12 in Europe, the Middle East, and Africa, and six in the Americas, looking at the cost of things like residential real estate, cars, pianos, designer clothing and handbags, as well as experiences like fine dining, hotel suites, business class flights, personal trainers, and boarding school.
"'Luxury' once stood for fancy goods, such as handbags or sports cars," Nicolas de Skowronski, Julius Baer's head of wealth management solutions, wrote in the report. "Now it has morphed into a broad category that includes services and experiences, from fine dining to new lifestyle trends such as wellness."
Four of the most expensive cities to live a luxury lifestyle are in Asia: Hong Kong, Shanghai, Tokyo, and Singapore. New York, Los Angeles, and London also made the list.
Of course, these cities aren't just expensive for the millionaires and billionaires among us. Singapore, Hong Kong, Paris, and New York consistently rank among the world's overall most expensive cities to live.
Here are the world's most expensive cities for high-class living.