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People who live in American cities like New York and San Francisco know it’s costly there, but it turns out, there are a lot more places around the world where it’s even more expensive. And a new report reveals just which cities those are.
(Image: Getty) The shift to remote work during the COVID-19 pandemic has been transformative for those who have said goodbye to soul-crushing commutes and embraced the flexibility of working from their own space. In some cases, that’s meant being able to relocate from expensive cities to regions closer to friends and loved ones, with lower costs of living. But there is a class divide. As the Pew Research Center outlined in December, only 23% of people without a four-year college degree have been able to work remotely during the pandemic. And those who have been lucky enough to hold onto ful...
Hong Kong has been crowned the most expensive location in Asia and in the world for expat accommodation for a fourth year in a row, even though the city's rental costs dropped considerably due to Covid-19, ECA International's latest survey revealed. The average monthly rental price for an unfurnished, mid-market, three-bedroom apartment in areas commonly inhabited by international executives in Hong Kong was US$10,769 (HK$83,600), a drop of 5.95% compared to 2020. “Hong Kong has seen a rare decrease in rental costs this year, as Covid-19 has lessened the demand for accommodation in the top-...
If you’re wealthy, Asia Pacific is the most expensive place to live in, with Shanghai overtaking Hong Kong as the priciest city in the world. Those are some of the key findings from a Julius Baer Group Ltd. report about luxury lifestyles released Friday, which stated that part of the reason for the region’s success was its swift recovery from the coronavirus pandemic. By contrast, the Americas is the most affordable because of the slump in the U.S. and Canadian dollars and sharp devaluations of Latin American currencies. Asian cities are more expensive partly because “Covid didn’t ...
The Zebra, the nation's leading insurance comparison site, released its 2021 State of Auto Insurance Report revealing the national average annual cost for car insurance to be $1,483, down 3.9% since 2020. The Zebra's 5th annual State of Auto Insurance Report details an under-the-hood look at what dictates car insurance rates across all 34,500 U.S. ZIP codes and examines a decade's worth of data to reveal trends in pricing across the nation. Car insurance rates by state, The Zebra Car insurance rates have dropped since the COVID 19 pandemic, however they're up 24% in the last decade. "Throug...