Top 5 Most Expensive Cities to Live in Around the World

The video explores the top five most expensive cities to live in worldwide, presented in a countdown format. Starting with Los Angeles, known for its entertainment industry and high local taxes, the video moves to Hong Kong, a business hub with expensive real estate. Tel Aviv is highlighted for its booming economy and rising living costs. New York City is noted for its iconic landmarks and high rent prices. Finally, Singapore is discussed as the most expensive city due to its limited land and reliance on imported resources.

Which industry significantly contributes to the high cost of living in Los Angeles?

• Fashion

• Technology

• Movie

• Finance

What is a major factor driving up real estate prices in Hong Kong?

• Agriculture

• Tourism

• Business hub status

• Manufacturing

Tel Aviv is known for its:

• Agricultural exports

• Low cost of living

• Cultural diversity

• Historical landmarks

Which city is referred to as the Big Apple?

• Los Angeles

• Hong Kong

• Tel Aviv

• New York City

What is a significant reason for the high cost of living in Singapore?

• Abundant natural resources

• Large agricultural sector

• Scarcity of land

• Low demand for housing

Which city has an average apartment rent of 5000 U.S. dollars?

• Los Angeles

• Tel Aviv

• New York City

• Hong Kong

What percentage increase in rent is expected annually in New York City?

• 9-10%

• 1-2%

• 3-5%

• 6-8%