What cities are the most expensive to live in around the world in 2019…heres the Top 10…Santa Cruz, Ca….# 5

Data derived by using the “mean multiple” approach — the median house price divided by the median household income.

San Jose California

The most expensive cities to live in around the world in 2019 have been revealed in the 15th Annual Demographia International Housing Affordability Survey.

The study analysed 309 housing markets (and 91 major markets with populations over a million) in eight countries — Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore, the UK, and the US.

To produce the ranking, it looked at data from the third quarter of 2018 using the “mean multiple” approach — the median house price divided by the median household income.

The survey shows that the most “severely unaffordable major housing markets” are currently in Australia, New Zealand, and China.

Scroll down to see the 10 most expensive cities to live in around the world in 2019, ranked my mean multiple in ascending order.

10. San Francisco, California, US — 8.8

10. San Francisco, California, US — 8.8

9. Auckland, New Zealand — 9.0

9. Auckland, New Zealand — 9.0

8. Tauranga-Western Bay of Plenty, New Zealand — 9.1

8. Tauranga-Western Bay of Plenty, New Zealand — 9.1

7. Los Angeles, California, US — 9.2

7. Los Angeles, California, US — 9.2

6. San Jose, California, US — 9.4

6. San Jose, California, US — 9.4

5. Santa Cruz, California, US — 9.6

5. Santa Cruz, California, US — 9.6

4. Melbourne, Australia — 9.7

4. Melbourne, Australia — 9.7

3. Sydney, Australia — 11.7

3. Sydney, Australia — 11.7

2. Vancouver, Canada — 12.6

2. Vancouver, Canada — 12.6

1. Hong Kong, China — 20.9

1. Hong Kong, China — 20.9
Source: Aimee BI

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