GITNUX REPORT 2024

Top 10 Most Expensive Countries To Visit Revealed in Report

Discover the worlds priciest destinations - from $7 coffee to $1,361 hotel rooms and more!

Author: Jannik Lindner

First published: 7/17/2024

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A standard double room in a Bermuda hotel averages $300 per night

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The Burj Al Arab in Dubai offers suites starting at $1,000 per night

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A standard room at the Ritz Carlton in Tokyo starts at $600 per night

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The average cost of a mid-range hotel in New York City is $250 per night

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A standard room at the Four Seasons Hotel George V in Paris starts at €1,250 per night

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A standard room at the Mandarin Oriental in Hong Kong starts at HKD 4,400 (about $565) per night

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A standard room at the Atlantis, The Palm in Dubai starts at AED 1,500 (about $408) per night

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A standard room at the Bellagio in Las Vegas starts at $179 per night

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A standard room at the Burj Al Arab in Dubai starts at AED 5,000 (about $1,361) per night

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A standard room at the Plaza Hotel in New York City starts at $795 per night

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Norway's capital Oslo ranks as the 3rd most expensive city in the world

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The cost of living in Hong Kong is 101% higher than in New York City

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The cost of living in Zurich is 22.3% higher than in New York City

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The cost of living in Singapore is 16.8% higher than in New York City

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The cost of living in Oslo is 12.5% higher than in New York City

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The cost of living in Copenhagen is 17.7% higher than in New York City

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The cost of living in Tokyo is 12.2% higher than in New York City

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The cost of living in Geneva is 30.5% higher than in New York City

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The cost of living in Reykjavik is 13.6% higher than in New York City

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Switzerland has the highest average daily cost for tourists at $196.43

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The average daily budget for a luxury trip to the Maldives is $500

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The average daily cost for tourists in Monaco is €292

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The average daily cost for tourists in Bermuda is $525

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The average daily cost for tourists in Iceland is $290

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The average daily cost for tourists in Luxembourg is €193

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The average daily cost for tourists in Denmark is $182

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The average daily cost for tourists in Singapore is $264

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The average daily cost for tourists in Norway is $182

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The average daily cost for tourists in Hong Kong is $319

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A one-day ski pass in Zermatt, Switzerland can cost up to $92

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A ticket to the Louvre Museum in Paris costs €17

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The entrance fee to the Sydney Opera House tour is AUD 42

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The entrance fee to the Burj Khalifa observation deck in Dubai is AED 149 (about $40)

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The entrance fee to the Guggenheim Museum in Bilbao, Spain is €16

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A one-day ski pass in Vail, Colorado costs $219

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The entrance fee to the Acropolis in Athens is €20

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The entrance fee to the Rijksmuseum in Amsterdam is €20

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The entrance fee to the Van Gogh Museum in Amsterdam is €19

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The entrance fee to the Uffizi Gallery in Florence is €20

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The entrance fee to the Palace of Versailles near Paris is €27

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The entrance fee to the Colosseum in Rome is €16

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A cup of coffee in Iceland can cost up to $7

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The average cost of a meal in a mid-range restaurant in Singapore is $30

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A pint of beer in Iceland can cost up to $12

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The average cost of a 3-course meal in a mid-range restaurant in Luxembourg is €75

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A cocktail in a high-end bar in Singapore can cost up to $25

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A cup of coffee in Oslo, Norway can cost up to $7

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The average cost of a meal in a high-end restaurant in Tokyo is ¥20,000 (about $180)

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A pint of beer in Dubai can cost up to $15

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A cocktail in a high-end bar in London can cost up to £20

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A cup of coffee in Zurich can cost up to CHF 7 (about $7.60)

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A pint of beer in Oslo can cost up to NOK 90 (about $10.50)

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A cocktail in a high-end bar in Tokyo can cost up to ¥2,000 (about $18)

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A cup of coffee in Copenhagen can cost up to DKK 45 (about $7)

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Denmark has a 25% VAT (Value Added Tax) on most goods and services

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Japan's bullet train from Tokyo to Kyoto costs around $130 one-way

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A taxi ride from London Heathrow to central London costs around £55-£75

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A one-way ticket on the Venice water bus costs €7.50

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A 7-day Japan Rail Pass costs ¥29,650 (approximately $270)

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A one-way ticket on the Heathrow Express train in London costs £25

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A day pass for public transportation in Zurich costs CHF 8.80 (about $9.50)

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A 24-hour public transport ticket in Vienna costs €8

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A one-day pass for the New York City subway costs $34

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A 24-hour public transport ticket in Stockholm costs SEK 160 (about $19)

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A one-way ticket on the Venice-Simplon Orient Express from London to Venice costs £2,573

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A 7-day Swiss Travel Pass costs CHF 389 (about $422)

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A one-way ticket on the Eurostar from London to Paris costs £189

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Summary

  • Switzerland has the highest average daily cost for tourists at $196.43
  • Norway's capital Oslo ranks as the 3rd most expensive city in the world
  • A cup of coffee in Iceland can cost up to $7
  • Japan's bullet train from Tokyo to Kyoto costs around $130 one-way
  • A standard double room in a Bermuda hotel averages $300 per night
  • Denmark has a 25% VAT (Value Added Tax) on most goods and services
  • The average cost of a meal in a mid-range restaurant in Singapore is $30
  • A one-day ski pass in Zermatt, Switzerland can cost up to $92
  • The Burj Al Arab in Dubai offers suites starting at $1,000 per night
  • A taxi ride from London Heathrow to central London costs around £55-£75
  • The average daily budget for a luxury trip to the Maldives is $500
  • A ticket to the Louvre Museum in Paris costs €17
  • The cost of living in Hong Kong is 101% higher than in New York City
  • A pint of beer in Iceland can cost up to $12
  • The average cost of a 3-course meal in a mid-range restaurant in Luxembourg is €75

Hold onto your wallets and prepare to be amazed as we dive into the extravagant world of the Most Expensive Countries To Visit. From sipping $7 coffees in Iceland to splurging on $1,000 per night suites in Dubais Burj Al Arab, this blog post will take you on a whirlwind tour of luxury travel destinations. With jaw-dropping statistics like a $130 one-way bullet train ride in Japan and a $300 average nightly hotel room rate in Bermuda, this list will have you re-evaluating your travel budget in no time. So, grab your platinum credit card and lets explore the opulent side of globe-trotting!

Accommodation Costs

  • A standard double room in a Bermuda hotel averages $300 per night
  • The Burj Al Arab in Dubai offers suites starting at $1,000 per night
  • A standard room at the Ritz Carlton in Tokyo starts at $600 per night
  • The average cost of a mid-range hotel in New York City is $250 per night
  • A standard room at the Four Seasons Hotel George V in Paris starts at €1,250 per night
  • A standard room at the Mandarin Oriental in Hong Kong starts at HKD 4,400 (about $565) per night
  • A standard room at the Atlantis, The Palm in Dubai starts at AED 1,500 (about $408) per night
  • A standard room at the Bellagio in Las Vegas starts at $179 per night
  • A standard room at the Burj Al Arab in Dubai starts at AED 5,000 (about $1,361) per night
  • A standard room at the Plaza Hotel in New York City starts at $795 per night

Interpretation

Visiting these luxurious destinations may cost you an arm and a leg, but hey, at least you'll be able to brag about sleeping on a bed worth more than your car. With room rates that could make your wallet cry, these countries are not for the budget-conscious traveler. So unless you're rolling in dough or just won the lottery, be prepared to fork over some serious cash for the privilege of resting your head in style. Who needs a savings account when you can wake up in a billion-dollar view, right?

City Rankings

  • Norway's capital Oslo ranks as the 3rd most expensive city in the world
  • The cost of living in Hong Kong is 101% higher than in New York City
  • The cost of living in Zurich is 22.3% higher than in New York City
  • The cost of living in Singapore is 16.8% higher than in New York City
  • The cost of living in Oslo is 12.5% higher than in New York City
  • The cost of living in Copenhagen is 17.7% higher than in New York City
  • The cost of living in Tokyo is 12.2% higher than in New York City
  • The cost of living in Geneva is 30.5% higher than in New York City
  • The cost of living in Reykjavik is 13.6% higher than in New York City

Interpretation

In a world where wanderlust meets wallet woes, these statistics paint a pricey picture of jet-setting dreams. From Oslo to Hong Kong, Zurich to Singapore, the cost of living in these luxurious locales is enough to make even the most budget-conscious traveler wince. So, pack your bags with caution and your wallet with extra padding, for in these cities, the price of exploration comes with a hefty side of financial fortitude. Whether it's sipping coffee in Copenhagen or sushi in Tokyo, the sticker shock of these destinations is a sobering reminder that the splendors of travel often come at a cost – and in this case, a rather steep one. Safe travels, and may your bank account recover swiftly from the globetrotting grandeur.

Daily Expenses

  • Switzerland has the highest average daily cost for tourists at $196.43
  • The average daily budget for a luxury trip to the Maldives is $500
  • The average daily cost for tourists in Monaco is €292
  • The average daily cost for tourists in Bermuda is $525
  • The average daily cost for tourists in Iceland is $290
  • The average daily cost for tourists in Luxembourg is €193
  • The average daily cost for tourists in Denmark is $182
  • The average daily cost for tourists in Singapore is $264
  • The average daily cost for tourists in Norway is $182
  • The average daily cost for tourists in Hong Kong is $319

Interpretation

In a world where the price tag of a vacation can rival that of a small car, the list of the most expensive countries to visit reads like a high-end shopping spree itinerary for the elite jet-setter. From the gleaming shores of the Maldives to the glittering streets of Monaco and the chic cafes of Switzerland, these destinations scream luxury and exclusivity. As everyday travelers dream of sipping champagne in Bermuda or soaking in the geothermal spas of Iceland, one thing is clear: a passport to these pricey paradises comes with a hefty price tag. So, if you're planning on rubbing elbows with the rich and famous in these couture capitals, better start saving those pennies – or perhaps consider a more budget-friendly staycation instead.

Entertainment and Activities

  • A one-day ski pass in Zermatt, Switzerland can cost up to $92
  • A ticket to the Louvre Museum in Paris costs €17
  • The entrance fee to the Sydney Opera House tour is AUD 42
  • The entrance fee to the Burj Khalifa observation deck in Dubai is AED 149 (about $40)
  • The entrance fee to the Guggenheim Museum in Bilbao, Spain is €16
  • A one-day ski pass in Vail, Colorado costs $219
  • The entrance fee to the Acropolis in Athens is €20
  • The entrance fee to the Rijksmuseum in Amsterdam is €20
  • The entrance fee to the Van Gogh Museum in Amsterdam is €19
  • The entrance fee to the Uffizi Gallery in Florence is €20
  • The entrance fee to the Palace of Versailles near Paris is €27
  • The entrance fee to the Colosseum in Rome is €16

Interpretation

In a world where the cost of experiences can sometimes feel as steep as a ski slope in Zermatt, it's no surprise that luxury and culture often come with a hefty price tag. From admiring masterpieces at the Louvre to scaling the heights of the Burj Khalifa, the price of admission to these iconic destinations may leave your wallet feeling as light as the air at the summit of Vail. But as they say, you get what you pay for, and in these top-tier destinations, the memories created and the stories to be told are truly priceless.

Food and Beverage Costs

  • A cup of coffee in Iceland can cost up to $7
  • The average cost of a meal in a mid-range restaurant in Singapore is $30
  • A pint of beer in Iceland can cost up to $12
  • The average cost of a 3-course meal in a mid-range restaurant in Luxembourg is €75
  • A cocktail in a high-end bar in Singapore can cost up to $25
  • A cup of coffee in Oslo, Norway can cost up to $7
  • The average cost of a meal in a high-end restaurant in Tokyo is ¥20,000 (about $180)
  • A pint of beer in Dubai can cost up to $15
  • A cocktail in a high-end bar in London can cost up to £20
  • A cup of coffee in Zurich can cost up to CHF 7 (about $7.60)
  • A pint of beer in Oslo can cost up to NOK 90 (about $10.50)
  • A cocktail in a high-end bar in Tokyo can cost up to ¥2,000 (about $18)
  • A cup of coffee in Copenhagen can cost up to DKK 45 (about $7)

Interpretation

As these statistics show, traveling can be a costly adventure, especially if you have expensive taste buds. From sipping a $7 cup of coffee in Iceland to indulging in a $180 meal in Tokyo, these destinations don't just offer a cultural experience—they also serve up a hefty bill. So, if you find yourself in a high-end bar in London or Singapore, remember to savor every drop of that $25 cocktail because your wallet might need a moment to recover. Traveling the world: great for the soul, not always so great for the bank account.

Taxes and Fees

  • Denmark has a 25% VAT (Value Added Tax) on most goods and services

Interpretation

They say that Denmark is a land of fairy tales, but with a 25% VAT on most goods and services, visiting the land of Hans Christian Andersen might feel more like stepping into a wallet-draining story. While the picturesque landscapes and charming towns may be worth the price tag, travelers should be prepared to dig a little deeper into their pockets for the Danish delights. After all, even fairy tales come with a cost in the real world.

Transportation Costs

  • Japan's bullet train from Tokyo to Kyoto costs around $130 one-way
  • A taxi ride from London Heathrow to central London costs around £55-£75
  • A one-way ticket on the Venice water bus costs €7.50
  • A 7-day Japan Rail Pass costs ¥29,650 (approximately $270)
  • A one-way ticket on the Heathrow Express train in London costs £25
  • A day pass for public transportation in Zurich costs CHF 8.80 (about $9.50)
  • A 24-hour public transport ticket in Vienna costs €8
  • A one-day pass for the New York City subway costs $34
  • A 24-hour public transport ticket in Stockholm costs SEK 160 (about $19)
  • A one-way ticket on the Venice-Simplon Orient Express from London to Venice costs £2,573
  • A 7-day Swiss Travel Pass costs CHF 389 (about $422)
  • A one-way ticket on the Eurostar from London to Paris costs £189

Interpretation

The cost of travel can often feel like a rollercoaster ride on the financial express, with prices soaring to dizzying heights in some of the world's most sought-after destinations. From the bullet trains of Japan zipping past at a hefty $130 to the luxurious Venice-Simplon Orient Express ticket that may just require mortgaging your home, these prices certainly give new meaning to the term "first-class travel." While some may opt for the budget-friendly options, for those willing to splurge, these fantastical fares offer a passport to a world where the journey is just as extravagant as the destination.

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