It’s not surprising that the city of love and the capital of France sits high in the list of 9 most expensive cities in the world. Being one of the most charming cities to live in, you have to have a large bank account to afford living here.
Being one of the most expensive cities in the world doesn’t mean that people don’t try and make a life for themselves here. There are over 2.2 million people within the city, which is around 18% of the entire French population. The capital of fashion, art, love and food, Paris has many reasons why it can charge visitors and residents extortionate prices for living.
Twice a year it holds the famous Paris fashion week that thousands of significant people in the fashion world attend. Also for the average art lover, there is a huge amount of art and history to visit and explore. In 2012, Paris had a GDP of $760 billion, which is a third of the entire French GDP. No surprises that Paris holds the headquarters of more than 30 Fortune 500 companies.
Paris is so impressive and wealthy, it has been ranked as one of most expensive regions in Europe.