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Hong Kong most expensive city for luxury living, report finds

News Team, 17/01/2020

Asia is the most expensive region for wealthy individuals, a new report from Julius Baer shows.

The continent is home to five of the ten most expensive cities globally, as well as the most expensive: Hong Kong.

Hong Kong ranks above the 90th percentile globally for property, beauty services, fine dining, business class flights, and lawyers' fees. Shanghai is the runner-up both in the region and globally.

Asia is home to the cheapest city too, Mumbai, where almost all items and services are priced within or close to the bottom quartile.


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