The 28 Most Expensive Cities To Live In Around The World

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Milan, Italy

Source: https://www.classixstageproductions.com

The economic heart of Italy, known for its thriving fashion industry, houses many headquarters of the financial industry. After Zürich, Milan has the second-highest GDP in all of Europe. Because Milan is the country’s primary economic hub, with goods and services in high demand, it is significantly more expensive compared to the rest of Italy. This economic powerhouse—where the average price to rent an apartment, to eat at a restaurant, to have drinks at a bar, and to explore the city is more expensive—attracts millionaires and business tycoons. It is home to some of the country’s most renowned designer brands, with Gucci recently organizing its latest and first carbon-neutral fashion show in Milan. The fashion capital’s international appeal has bolstered a demand for prime properties in its high-end neighborhoods like Castello, Magenta, and Porta Romana.