10 Most Expensive Cities To Live And Work

London is expensive. Everyone knows this. But it’s also pricey for employers — the annual price tag for accommodating a worker in London is higher than in any other city, according to Savills.

The real estate provider arrived at this ranking by examining residential and office rental costs in cities around the world.

2.  New York

 

• Annual accommodation cost: $111,300
• Change from previous year: 5%

3.  Hong Kong

 

• Annual accommodation cost: $103,200
• Change from previous year: 3%

4.  Paris

 

• Annual accommodation cost: $78,200
• Change from previous year: -4%

5.  Tokyo

 

• Annual accommodation cost: $69,800
• Change from previous year: 0%

6.  San Francisco

 

• Annual accommodation cost: $66,300
• Change from previous year: 13%

7.  Lagos

 

• Annual accommodation cost: $63,000
• Change from previous year: n/a

8.  Singapore

 

• Annual accommodation cost: $60,600
• Change from previous year: -4%

9.  Dubai