Shanghai is the most expensive city in the world reveals Julius Baer lifestyle index 

Mark Battersby
clock • 4 min read

Asia is the most expensive region to buy a car, which is the single most expensive item in the basket, reveals the just released (15 June) Julius Baer Lifestyle Index 2022.  Shanghai is still the most expensive city in the index with four items ranked at the very top and the highest weighted-average price increase (30%).  The findings were covered in Julius Baer's third edition of the Global Wealth and Lifestyle Report, centred on a basket of consumer goods and services reflective of the spending patterns of high-net-worth individuals.  Analysing the price development of the basket...

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