Discover the latest cost of living trends for 2026 with Numbeo’s index. Learn which cities are the most expensive to live in and why Swiss cities dominate the ranking

Life in the world's cultural centers, cities with developed nightlife, gastronomy and shopping opportunities is becoming more and more expensive. This is confirmed by the results of the Numbeo cost of living index for 2026, which were analyzed by the Time Out publication.

We will tell you about the most expensive cities for living in 2026 in this article.

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How was the cost of living assessed?

The Numbeo cost of living index is formed on the basis of a comprehensive analysis of daily expenses. The study takes into account food prices, the average check in restaurants, the cost of renting housing, as well as the level of purchasing power of the local population.

Based on these data, two ratings are compiled - with and without rent, which allows us to separately assess the real expenses of residents and visitors to the city.

Who became the leader of the cost of living rating in 2026?

The absolute leader of the cost of living rating excluding rent was the Swiss metropolis Zurich, which traditionally tops the world lists in terms of price levels and quality of life. Its indicators of the cost of food, food outside the home and total daily expenses significantly exceed the world average.

Analysts also draw attention to the unprecedented dominance of Switzerland: six cities of the country entered the top six of the rating, which confirms the state's status as one of the most expensive in the world - even taking into account the high purchasing power of the population.

Top 10 cities with the highest cost of living in 2026

1st place – Zurich, Switzerland

- Average monthly expenses (excluding rent): ≈ €1,600–1,800

A financial center of the country with high salaries and a stable economy. The high cost of living here is directly related to income levels and quality of services. The city attracts qualified professionals, bankers and expats with long-term contracts.

2nd place – Geneva, Switzerland

- Average monthly expenses (excluding rent): ≈ €1,550–1,750

An international diplomatic center with a large number of foreigners. Prices are rising due to the demand for housing and services for international organizations. Suitable for those planning a career in international structures.

3rd place – Basel, Switzerland

- Average monthly expenses (excluding rent): ≈ €1,500–1,700

One of the main pharmaceutical and scientific hubs in Europe. The cost of living here is supported by high salaries in the corporate sector. Popular with professionals in medicine, biotechnology and science.

4th place – Lausanne, Switzerland

- Average monthly expenses (excluding rent): ≈ €1,450–1,650

An educational and sports center with prestigious universities. High prices are explained by the concentration of students, international organizations and limited housing supply. The city is often chosen by young professionals and families.

5th place – Lugano, Switzerland

- Average monthly expenses (excluding rent): ≈ €1,400–1,600

A city with an Italian lifestyle and a mild climate. The high cost of living is due to its popularity among wealthy residents and financial institutions. Suitable for those seeking comfort and peace.

6th place – Bern, Switzerland

- Average monthly expenses (excluding rent): ≈ €1,350–1,550

The political center of a country with high social standards. Despite the calm pace of life, prices for products and services remain consistently high. Often chosen by civil servants and families.

7th place – New York, USA

- Average monthly expenses (excluding rent): ≈ €1,300–1,500

A global metropolis with extremely expensive housing. The high cost of living is offset by career opportunities in finance, IT and creative industries. The city is suitable for active career migration.

8th place – Reykjavik, Iceland

- Average monthly expenses (excluding rent): ≈ €1,250–1,450

High prices are due to the country's isolation and the import of goods. At the same time, the city offers safety, environmental friendliness and stability. Often chosen for a calm pace of life.

9th place – Honolulu, USA

- Average monthly expenses (excluding rent): ≈ 1,200–1,400 €

A tourist center with high prices for products and services due to logistics. Popular among those who combine remote work and life by the ocean.

10th place – San Francisco, USA

- Average monthly expenses (excluding rent): ≈ 1,200–1,400 €

One of the most expensive technology hubs in the world. High expenses are associated with the IT sector and a shortage of housing. The city attracts startups and engineers.

Important! The amounts are approximate and reflect the average monthly expenses of one person without taking into account rent. Actual expenses may vary depending on lifestyle.

Living in the most expensive cities in the world requires careful budget planning, even without taking into account housing rent. Swiss cities demonstrate a high level of prices due to the combination of the well-being of the population and the demand for quality services. For those planning to move or work abroad, it is important to consider the costs of everyday life and prepare all documents in advance.

Moving to cities with a high cost of living is often accompanied by complex migration requirements and strict document checks. A migration lawyer will help you choose the right legalization strategy, prepare a complete package of permits and minimize financial risks.

Get expert advice and plan life in the most expensive cities in the world with confidence.

Let's remind you! Where is the cheapest place to live in the European Union in 2026? We have already told you which EU countries have the lowest cost of living, and compared prices for food, transport, energy, housing and everyday expenses before moving.

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