Among the most expensive cities in the world Milan and Rome, cost of very high living

The new report World’s prices 2025published by Deutsche Bankoffers an overview of the costs of life in addition 50 cities. The document compares consumer prices, rentals, transport rates, medium wages and numerous other indicators that affect the daily spending of citizens. The ranking includes metropolis from all continents and represents a useful tool for evaluating economic livability and differences in purchasing power.

The data highlight how the cost of living continues to vary enormously from one city to another, with some places that confirm their top position as at high prices. Among the main shopping factors considered are: monthly rental for an apartment with a room, cost of a cappuccino, single ticket for a taxi, monthly subscription for public transport, average cost of a Levi’s jeans and the price per square meter for the purchase of a house in the center.

The most expensive cities of 2025

At the top of the ranking they are located Singapore, Hong Kong And Zurichwhich maintain very high expenditure standards in almost all categories analyzed. Following are European cities such as London, Oslo, Geneva and American metropolis such as New York and San Francisco, where the combination of rents, retail prices and services makes the standard of living very expensive.

Rent (two bedrooms in the central area)

Singapore;
Hong Kong;
New York;
San Francisco;
London;
Geneva;
Zurich;
Boston;
Tel Aviv;
Los Angeles.

Home purchase price (Euro/m² in the center)

Hong Kong;
Singapore;
Zurich;
Seoul;
Tel Aviv;
London;
Paris;
Geneva;
New York;
Tokyo.

Cost of living (without rent)

Zurich;
Geneva;
San Francisco;
New York City;
Oslo;
Copenhagen;
London;
Amsterdam;
Tel Aviv;
Boston;

Restaurants (meal for two in medium restaurant)

Zurich;
Geneva;
Copenhagen;
Oslo;
New York;
San Francisco;
London;
Tokyo;
Amsterdam;
Paris.

Public transport (monthly subscription)

London;
Dublin;
New York;
Sydney;
Paris;
Toronto;
Tokyo;
Hong Kong;
Oslo;
Copenhagen.

Among the curiosities in the rent section in the center stand out New York, Singapore and London who exceed 3,000 euros per month for a two -room apartment.

As a symbolic indicator of daily life, the cost of a cappuccino was considered: Oslo, Copenhagen and Zurich exceed 5 euros, finally for subscriptions to public transport the most dear are London and Stockholm with prices over 100 euros per month.

Milan and Rome among the most expensive

In the 2025 edition of the report, Milan and Rome are confirmed as the two more dear Italian citieseven in an international perspective.

Milan In particular, it stands out for:

Average price per sqm for the purchase of a house in the center of 10,286 euros, among the highest in Europe.
Average cost of taxis among the most expensive globally, with medium rates higher than those of London.
monthly rentals like a two -room apartment in the center of Milan that costs on average over 1,500 euros, second only in cities such as Berlin or Dublin.

Romewhile remaining cheaper in Milan in almost all items, has high costs for rentals and transport, and is among the European capitals where the relationship between medium salary and fixed expenses remains critical.

We see the indicators for each of the two cities and how they classified themselves, with the position in the ranking (out of 56) and the related indicators.