This list of the most expensive cities is based Worldwide Cost of Living 2022 report that compares 200 products and services in more than 170 cities. Prices in big cities have risen by an average of 8.1% in the past year. Their fastest rise for 20 years. Driven by the knock-on effects of the pandemic and Russia’s invasion of Ukraine, some of these most expensive cities have high wages and taxes, while another has an average rent of about 92% of the median worker’s pre-tax salary. Watch to know which cities are the most expensive to live in.