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    15 Most Expensive European Cities in 2021

    The Most Expensive European Cities

     

    Intriguing history, unbeatable nightlife and renowned natural landscapes are just the tip of the iceberg when describing the world’s smallest and most dynamic continent. For those of you who have visited or stay in Europe, I’m sure you will agree with me, that these, are some of the most expensive cities on the continent.

    15. Zurich.

    Located in north-central Switzerland, Zürich is the largest city in the country and the capital of the canton of Zürich. As of January 2020, the municipality has 434,335 inhabitants and the Zürich metropolitan area has over 1.83 million inhabitants. Zürich is a hub for railways, roads, and air traffic.

    Zürich is one of the most expensive city in Europe and the world. It is among the world’s largest financial centers despite having a relatively small population. The city is home to many financial institutions and banking companies. In 2019, Zürich was ranked among the top ten most livable cities in the world.

    Zürich is also ranked 9th among the World’s Most Powerful Cities. In 2017, the Global Financial Centers Index ranked Zürich as the 11th most competitive financial center in the world, and the second most competitive in Europe after London. The Greater Zürich Area is Switzerland’s economic center, and is home to many international companies and organizations.

     

    14. Geneva.

    Geneva is the second-most populous city in Switzerland after Zürich, and the most populous city of Romandy, the French-speaking part of Switzerland. The municipality has a population of 203,951, and the canton has over 500,000 residents.

    Geneva is the 6th most expensive city in the world, It is a global city, financial center, and a worldwide center for diplomacy, due to the presence of numerous international organizations, including the headquarters of many agencies of the United Nations and the Red Cross.

    In 2017, Geneva was ranked as the world’s fifteenth most important financial center for competitiveness by the Global Financial Centers Index, fifth in Europe behind London, Zürich, Frankfurt, and Luxembourg. Geneva is also ranked among the ten most livable cities in the world and has been referred to as the world’s most compact metropolis.

     

    13. Luxembourg City

    Luxembourg city is the capital city of the Grand Duchy of Luxembourg and the country’s most populous commune. Standing at the confluence of the Alzette and Pétrusse rivers in southern Luxembourg, the city contains the Luxembourg Castle, established by the Franks in the Early Middle Ages.

    As of 2021, Luxembourg City has a population of 125,000 inhabitants, which is more than three times the population of the country’s second most populous commune. The city’s population consists of 160 nationalities. Foreigners represent 70% of the population, while Luxembourgers represent 30% of the population.

    Luxembourg was ranked as having the second-highest per capita GDP in the world with the city having developed into a banking and administrative center. The city is also ranked highly for personal safety and quality of life.

     

    12. Bern.

    Bern is the de facto capital of Switzerland, referred to by the Swiss as their federal city, with a population of about 144,000 as of 2020, Bern is the fifth-most populous city in Switzerland and also the capital of the canton of Bern, the second-most populous canton.

    The official language in Bern is German, but the most-spoken language is an Alemannic Swiss German dialect called Bernese German. In 1983, the historic old town in the center of Bern became a UNESCO World Heritage Site.

    Bern is one of the most expensive cities in Europe, it had an unemployment rate of 3.3%. The municipality is a net importer of workers, with about 5 new workers entering for every one leaving.

     

    11. Munich.

    Munich is the capital and most populous city of Bavaria. With a population of 1,558,395 inhabitants as of July 31, 2020, it is the third-largest city in Germany, after Berlin and Hamburg, as well as the 11th-largest city in the European Union.

    The Munich metropolitan region is home to 6 million people. It is the seat of the Bavarian administrative region of Upper Bavaria, while being the most densely populated municipality in Germany. It enjoys a very high living standard and quality of life, being rated the world’s most livable city in 2018.

    Munich is the second-largest city in the Bavarian dialect area, after the Austrian capital of Vienna. Once Bavaria was established as a sovereign kingdom in 1806, Munich became a major European center of arts, culture, and science. The city hosted the 1972 Summer Olympics and was one of the host cities of the 1974 and 2006 FIFA World Cups.

     

    10. Amsterdam.

    Amsterdam is the capital and most populous city of the Netherlands. Found within the province of North Holland, Amsterdam is colloquially referred to as the Venice of the North, attributed by the large number of canals which form a UNESCO World Heritage Site.

    The city was ranked the second best city to live in by the Economist Intelligence Unit and 12th globally on quality of living. Amsterdam drew more than 7 million international visitors in 2019. The city is also well known for its nightlife and festival activity. Cycling is also key to the city’s character, as there are numerous bike paths.

    The Dutch capital is undoubtedly one of the most charming and trendy cities on the planet. Amsterdam is best visited between April and May or September through November. It is considered one of the most multicultural cities in the world, with at least 177 nationalities represented.

     

    9. Oslo.

    Oslo is the capital and most populous city of Norway. It constitutes both a county and a municipality. As of 2020, the municipality of Oslo had a population of 693,491, while the population of the city’s urban area was 1,019,513 as of 4 November 2019.

    Oslo was founded as a city at the end of the Viking Age. It is the economic and governmental center of Norway. The city is also a hub of Norwegian trade, banking, industry, and shipping. It is an important center for maritime industries and maritime trade in Europe.

    Oslo is considered a global city. It is the 5th most expensive city in the world and number one in terms of quality of life among European cities. According to the Economist Intelligence Unit Cost of Living survey, Oslo was ranked as the 24th most livable city in the world, and is the fastest growing city in Europe.

     

    8. Edinburgh.

    Edinburgh is the capital city of Scotland and one of its 32 council areas. It is Scotland’s second-most populous city and the seventh-most populous city in the United Kingdom. Recognized as the capital of Scotland since at least the 15th century, Edinburgh is the seat of the Scottish Government, the Scottish Parliament, and the highest courts in Scotland.

    The city has long been a center of education, particularly in the fields of medicine, literature, and philosophy. After London, Edinburgh is the second-largest financial center in the United Kingdom, and the city’s historical and cultural attractions have made it UK’s second-most visited tourist destination after London, attracting over 5 million visitors in 2019.

    The city is the annual venue of the General Assembly of the Church of Scotland and is home to national and cultural institutions such as the National Museum of Scotland, the National Library, and the Scottish National Gallery.

     

    7. Reykjavík.

    Reykjavík is the capital and largest city of Iceland. It is located in southwestern Iceland, on the southern shore of Faxaflói bay, and is the world’s northernmost capital of a sovereign state. With a population of around 131,136, and 233,034 in the Capital Region, it is the center of Iceland’s cultural, economic, and government activity.

    Ranked as one of Europe’s most expensive destinations. The city was founded in 1785 as an official trading town, and grew steadily over the following decades, as it transformed into a regional and national center of commerce. Reykjavík is also a popular tourist destination in Europe.

    It is among the cleanest, greenest, and safest cities in the world, and hosts a large number of companies and three investment banks. Reykjavík has been at the center of Iceland’s economic growth since the early 2000s.

     

    6. Paris.

    Paris is the capital and most populous city of France, with an estimated population of 2.1 million residents as of 2020. Since the 17th century, Paris has been one of Europe’s major centers of finance, diplomacy, commerce, fashion, and science. Paris is one of the most expensive cities in Europe.

    According to the Economist Intelligence Unit Worldwide Cost of Living Survey, Paris is the second most expensive city in the world. In Paris, the average cost of a woman’s haircut costs about $119. The city is a major railway, highway, and air-transport hub served by two international airports.

    Paris is known to house some of the worlds most incredible museums and architectural landmarks. In 2019, Paris received over 38 million visitors, and was ranked as the second most visited travel destination in the world that same year, after Bangkok, and just ahead of London.

     

    5. Dublin.

    Dublin is the capital and largest city of Ireland. Situated on a bay on the east coast, at the mouth of the River Liffey, it lies within the province of Leinster. It has an urban area population of 1.2 million, while the population of the Dublin Region is estimated at 1.4 million.

    Once a Viking settlement, the city became Ireland’s principal settlement following the Norman invasion. Dublin is no doubt one of Europe’s most expensive cities. It expanded rapidly from the 17th century and was briefly the second largest city in the British Empire after the Acts of Union in 1800.

    Dublin is a historical and contemporary center for education, arts, administration, and industry. As of 2018, the city was listed by the Globalization and World Cities Research Network, which places it amongst the top thirty cities in the world.

     

    4. Venice.

    Venice is a city in northeastern Italy and the capital of the Veneto region. The city was historically the capital of the Republic of Venice for over a millennium, from 697 to 1797. It was a major financial and maritime power during the Middle Ages, as well as an important center of commerce.

    Venice is one of Europe’s most expensive destinations. The city-state of Venice is considered to have been the first real international financial center, emerging in the 9th century and reaching its greatest prominence in the 14th century. This made Venice a wealthy city throughout most of its history.

    Parts of Venice are renowned for the beauty of their settings, architecture, and artwork. The lagoon and a part of the city are listed as a UNESCO World Heritage Site. Although the city is facing some challenges, including an excessive number of tourists, Venice remains a very popular destination and a major cultural center.

     

    3. London.

    London is the capital and largest city of England and the United Kingdom. A popular world city, London has been a major settlement for two millennia. It is one of the world’s most important global cities and is a leading financial center.

    In 2019, London had the highest number of ultra high-net-worth individuals in Europe. The city is also known for its array of universities and receives several international students every year. London has a diverse range of people and cultures, and more than 300 languages are spoken in the city.

    London’s urban area is the third most populous in Europe, after Moscow and Paris, with over 10 million inhabitants. Despite London being among the most expensive cities on earth, it has lots of great museums and tourist sites. This famous city attracts more than 30 million international visitors every year.

     

    2. Stockholm.

    Stockholm is the capital of Sweden. It has the most populous urban area in Sweden, as well as in Scandinavia. 1 million people live in the municipality, approximately 1.6 million in the urban area, and 2.4 million in the metropolitan area.

    The area now known as Stockholm has been settled since the Stone Age, in the 6th millennium BC, and was founded as a city in 1252. Stockholm is the cultural, media, political, and economic center of Sweden. it is also the county seat of Stockholm County.

    The Stockholm region alone accounts for over a third of the country’s GDP, and is among the top 10 regions in Europe by GDP per capita. Ranked as an alpha-global city, Stockholm is the largest in Scandinavia, and the main center for corporate headquarters in the Nordic region.

     

    1. Copenhagen.

    Originally a Viking fishing village established in the 10th century, Copenhagen is the capital and most populous city of Denmark. As of 2020, the city had a population of 794,128 with 632,340 in Copenhagen Municipality.

    The city is the cultural, economic and governmental center of Denmark, it is one of the major financial centers of Northern Europe with the Copenhagen Stock Exchange. Since the turn of the 21st century, Copenhagen has seen strong urban and cultural development, it’s economy has seen rapid developments in the service sector.

    Copenhagen is home to the University of Copenhagen, the Technical University of Denmark, Copenhagen Business School, and the IT University of Copenhagen.

     

    That brings us to the end of today’s topic. Tell us the name of the richest man in Europe in the comment section below. And hey, be sure to subscribe and click on the bell icon, for more interesting videos.

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