The most expensive city in the world in 2022 is Tel Aviv
This sun-drenched city on Israel's Mediterranean coast surpassed the EIU's ranking for the very first time, rising from fifth place in 2020. The city obtained a cost of living score of 106, owing mostly to the strength of the Israeli shekel relative to the US dollar. It also observed a rise in supermarket and transportation costs in 2021. Most importantly, it is the most costly city in 2022.