While some places are relatively cheap to live, others are extortionately expensive. There are many factors that can impact on the cost of living in a city. These include the demand for property, employment rates, the location, technological advancements in the area, access to amenities, entertainment and culture, utilities, low crime rates, and public opinion about a city. Even the infrastructure of a city can have an impact on the cost of living in that location. While Europe and the United States once held all the top spots for the most expensive cities in the world in terms of cost of living, developments in Asia mean this continent has soon caught up and now boasts some of the most in-demand destinations in the world with costs of living that reflect their popularity as places in which to live. Technological advancements have played a significant role in the rise of the cost of living in many Asian Cities. Asia is one of the leaders in technological innovation and the development of new technologies. This has led to these cities becoming exciting places to live, especially for those who work in technology industries.
Here are the top 20 most expensive cities in Asia to live right now.