Billionaire capitals revealed: the world’s 10 most expensive cities to live lavishly

For the third straight year, Singapore reigns as the world’s costliest city for luxury living. With hotel suite prices soaring 10.3%, the island nation has become the ultimate status symbol for the global elite.

London vaults into second place, fueled by rising costs in private education and business class flights. But policy shifts post–non-domiciled residency have added intrigue to its luxury scene.

Sliding to third, Hong Kong still glitters as Asia’s luxury hub. Its new “investment-for-residency” program lures the wealthy back—proof that even in a downturn, glamour finds its way home.

The Monaco dream remains untouched—tax-free, sea-facing, and dripping with privilege. For billionaires, its fourth-place rank only confirms what they already know: opulence here isn’t optional, it’s expected.

Zurich stays steady at number five, blending Swiss precision with financial serenity. Its post-Brexit wealth migration has transformed it into Europe’s quiet, cash-rich sanctuary for the ultra-affluent.

Shanghai, once on top, now sits sixth. Analysts say China’s economic reset and changing luxury demand patterns are reshaping how the country’s elite flex their financial muscle.

Dubai’s five-spot jump proves its meteoric rise as a millionaire magnet. Golden visas, zero income tax, and desert glamour have turned it into the new frontier of global luxury migration.

New York City—still the lone American in the top 10—retains its aura of power and prestige. Even as luxury markets dip, Manhattan’s skyline continues to command the world’s wallet.

In Paris, luxury is more than lifestyle—it’s legacy. Haute couture, fine dining, and centuries-old charm keep the city timelessly desirable, ensuring France’s capital never goes out of fashion.