Travel

The World's 10 Most Expensive Cities to Live In

A lot of major European cities didn't make the cut.
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The most expensive cities to live in around the world in 2017 have been revealed. The 13th Annual Demographia International Housing Affordability Survey analyzed 406 metropolitan housing markets in nine countries–Australia, Canada, Hong Kong, Ireland, Japan, New Zealand, Singapore, and the U.K.

To find out where the "severely unaffordable major housing markets" are, the study used the "mean multiple" method (the median house price was divided by the median household income).

Here are the rest of the world's priciest cities, from 10 to 1.

10| Bournemouth & Dorset, U.K.

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9| San Francisco, U.S.A.

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8| Los Angeles, U.S.A.

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7| Honolulu, Hawaii, U.S.A.

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6| Melbourne, Australia

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5| San Jose, California, U.S.A.

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4| Auckland, New Zealand

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3| Vancouver, Canada

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2| Sydney, Australia

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1| Hong Kong, China

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This story originally appeared on Esquire.co.uk.

* Minor edits have been made by the Esquiremag.ph editors.

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