According to CNN, a new study ranked 406 different cities in first world countries around the world based on how affordable they are.

And I'm sure you would have guessed that several of the most expensive cites in the world are here in the US, 4 of the 10, to be exact.  It's also exciting that 8 of the 10 least expensive are also right here in the US of A!  And one of them is right here in Upstate New York!

The 10 most expensive cities in the world are:

  • Hong Kong
  • Sydney, Australia
  • Vancouver, British Columbia
  • Auckland, New Zealand
  • San Jose, California
  •  Melbourne, Australia
  • Honolulu
  • Los Angeles
  • San Francisco
  • Bournemouth and Dorset, England.

The 10 most affordable cities in the world are:

  •  Racine, Wisconsin
  • Bay City Michigan
  • Decatur, Illinois
  • Elmira, New York
  • East Stroudsburg, Pennsylvania
  • Karratha Australia
  • Lima, Ohio
  • Moncton, New Brunswick, Canada
  • Peoria, Illinois
  • Rockford, Illinois

Way to go Elmira!

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Dan Kitwood/Getty Images
Dan Kitwood/Getty Images

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