According to the 2025 World Wealthiest Cities Report by Henley & Partners and New World Wealth, Monaco has emerged as the world's most expensive city. The report highlights Monaco's status as a safe haven for high-net-worth individuals, with an average wealth exceeding $20 million and over 40% of its residents being millionaires. The exorbitant real estate prices, where apartments of 100 to 200 square meters often exceed $38,800 per square meter, significantly contribute to its ranking. This comprehensive study is based on over a decade of wealth migration data.
"Monaco, arguably the world's top safe-haven for the super-rich, where the average wealth exceeds $20 million, is also the top-ranked city in the world on a wealth per capita basis."
"What specifically makes it the most expensive city in the world is the fact that prices for a 100 to 200 square meter apartment regularly exceed $38,800 per square meter."
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