They say money can’t buy happiness, but it sure can buy an address on the most expensive street in the world! Imagine walking where luxury whispers through every step, and stores sparkle brighter than diamonds.
These streets don’t just sell products; they sell prestige, power, and irresistible allure. If you ever wondered what it feels like to live where the rents rise faster than a rocket and shopping bags weigh more than gold, you’re in for a treat.
Let’s break down the glitziest lanes where fortunes are made, dreams are sold, and the price of a square foot will leave your jaw on the floor.
Top 15 Most Expensive Streets in the World (Ranked by Annual Rent)
Below is your full list of the most expensive streets in the world, arranged by annual rent.
| Rank | Most Expensive Street Names | Annual Rent (per sq ft) |
| 1 | Fifth Avenue – USA | $2,000 |
| 2 | Causeway Bay – Hong Kong | $1,500 |
| 3 | Via Montenapoleone – Italy | $1,400 |
| 4 | New Bond Street – United Kingdom | $1,360 |
| 5 | Avenue des Champs-Élysées – France | $1,100 |
| 6 | Orchard Road – Singapore | $950 |
| 7 | Bahnhofstrasse – Switzerland | $920 |
| 8 | Ginza – Japan | $900 |
| 9 | Pitt Street Mall – Australia | $820 |
| 10 | Myeong-dong – South Korea | $790 |
| 11 | Rodeo Drive – USA | $760 |
| 12 | Kalakaua Avenue – Hawaii, USA | $730 |
| 13 | Strøget – Denmark | $700 |
| 14 | Bloor Street – Canada | $650 |
| 15 | ION Orchard Front Strip – Singapore | $630 |
Here is detailed information about the most expensive street in the world earns its place due to demand, fame, business activity, and real estate value.
1. Fifth Avenue – USA
Country: United States
Region: New York
Annual Rent: $2,000 per sq ft
Year-on-Year Growth: 12%
Why It Is Expensive: Tourism, luxury retail, brand value
Fifth Avenue ranks as the most expensive street in the world because luxury retail never slows down here. Global brands treat this address as a trophy. In the late 1800s, wealthy families built grand mansions along this route. Over time, businesses replaced private homes, turning the street into a high-end retail icon. Tourist numbers grew fast in the 1900s and pushed demand for storefronts even higher. The address now works like a built-in marketing tool. A single shop here pulls attention from shoppers across the world and keeps rent at record levels.
2. Causeway Bay – Hong Kong
Country: Hong Kong
Region: Hong Kong Island
Annual Rent: $1,500 per sq ft
Year-on-Year Growth: 9%
Why It Is Expensive: Heavy foot traffic, luxury fashion demand
Causeway Bay sits close to the world’s most expensive streetranking because the area stays busy from sunrise to midnight. Retailers chase nonstop foot traffic since shoppers spend freely on fashion, beauty, and electronics. The neighborhood changed from a quiet fishing bay into a busy commercial zone in the early 1900s. Neon lights, malls, and premium brands shaped its identity. Every small space earns money, so rent rises year after year. Shoppers treat the district like a festival. That constant energy and demand keep landlords in a strong position.
3. Via Montenapoleone – Italy
Country: Italy
Region: Milan
Annual Rent: $1,400 per sq ft
Year-on-Year Growth: 8%
Why It Is Expensive: Fashion prestige and global tourism
Via Montenapoleone stays among the leaders near the expensive streetbecause Milan built its global fashion reputation around it. Wealthy families lived here in the 1700s, and the area later transformed into a luxury retail magnet. Designer houses opened flagship stores to showcase their identity. Every storefront looks like a curated display, pulling visitors from across the most expensive street in the world. Many shoppers treat the street like an open-air fashion museum. Rent stays high because brands want both sales and status. A presence here signals power in the fashion world.
4. New Bond Street – United Kingdom
Country: United Kingdom
Region: London
Annual Rent: $1,360 per sq ft
Year-on-Year Growth: 7%
Why It Is Expensive: Wealthy tourists, limited retail space
New Bond Street often appears in global rankings. Its roots go back to the 1700s when wealthy families lived along the lane. Over time, art dealers, jewelers, and antique shops moved in. That shift shaped it into a cultural and luxury hub. London attracts high-spending visitors, so premium brands compete for the limited space available here. Rare items, historic charm, and strong tourism push rents up each year. A single boutique here becomes a statement piece for any global brand.
5. Avenue des Champs-Élysées – France
Country: France
Region: Paris
Annual Rent: $1,100 per sq ft
Year-on-Year Growth: 6%
Why It Is Expensive: Tourism, cultural value, luxury brands
The Champs-Élysées, built in the 1600s as a royal garden extension, later became a grand boulevard filled with theaters, cafés, and luxury boutiques. The Champs-Élysées stays famous far beyond the most expensive street in the world list. Millions visit each year to enjoy events, parades, and celebrations. Its global visibility makes it a prime choice for brands that want attention. Rent rises because anything placed here gains instant prestige. A storefront becomes more than a shop; it becomes part of Paris’ identity.
6. Orchard Road – Singapore
Country: Singapore
Region: Central Singapore
Annual Rent: $950 per sq ft
Year-on-Year Growth: 5%
Why It Is Expensive: Modern malls, tourism, and a frequent shopping culture
Orchard Road stays close to regions tied to the most expensive street in the world due to its long line of malls and constant foot traffic. The area began as plantations in the 1800s. It evolved into a clean, modern shopping belt where locals and tourists spend entire weekends. New malls, new brands, and year-round events push demand higher. Even small storefronts perform well. With every expansion, the street grows stronger as a retail hotspot. Rent stays high because businesses know customers return often.
7. Bahnhofstrasse – Switzerland
Country: Switzerland
Region: Zurich
Annual Rent: $920 per sq ft
Year-on-Year Growth: 5%
Why It Is Expensive: Wealthy local buyers, stable economy
Bahnhofstrasse keeps its place near the world’s most expensive streetrankings because Switzerland’s economy remains strong and stable. The street began after Zurich removed its city walls in the 1800s. It turned into a clean, elegant shopping zone where luxury watchmakers and jewelers built their global reputations. Tourists come for quality, while locals buy high-end goods with confidence. The atmosphere feels calm yet upscale. This mix of wealth, tourism, and limited space keeps rent among the highest in Europe.
8. Ginza – Japan
Country: Japan
Region: Tokyo
Annual Rent: $900 per sq ft
Year-on-Year Growth: 4%
Why It Is Expensive: Heritage, brand demand, nightlife
Ginza started as a silver mint district in the 1600s. Today, it glows with neon signs, luxury boutiques, fine dining, and theaters. Ginza stands among the areas close to the most expensive street in the world because it blends tradition and modern fashion. Japanese consumers value quality, so high-end brands earn strong sales here. Space stays limited, and demand stays high. Crowds keep the area busy day and night. All these factors push rent higher each year and secure Ginza’s position as one of Asia’s prime shopping districts.
9. Pitt Street Mall – Australia
Country: Australia
Region: Sydney
Annual Rent: $820 per sq ft
Year-on-Year Growth: 4%
Why It Is Expensive: Heavy foot traffic and compact layout
Pitt Street Mall often appears near rankings related to the expensive streetbecause it packs huge traffic into a small pedestrian zone. Built in the 1800s as a commercial lane, it evolved into a clean and high-energy retail strip. Malls, cafés, and flagship stores sit shoulder to shoulder. Millions of shoppers walk through each month, so even small units perform well. Limited space pushes rent upward fast. Brands pay premium prices because visibility and sales remain consistent all year.
10. Myeong-dong – South Korea
Country: South Korea
Region: Seoul
Annual Rent: $790 per sq ft
Year-on-Year Growth: 3%
Why It Is Expensive: K-beauty boom, tourism, street culture
Myeong-dong often joins discussions around the world thanks to Korean beauty brands and lively street culture. The area shifted from a quiet district in the early 1900s into a bright retail maze. Tourists roam for hours while sampling skincare, makeup, and trendy clothing. This is the most expensive street in the world, and vendors add charm. Stores rarely stay empty because demand remains strong. Rent increases each year as brands fight for visibility in one of Asia’s busiest shopping zones.
11. Rodeo Drive – USA
Country: United States
Region: Beverly Hills
Annual Rent: $760 per sq ft
Year-on-Year Growth: 3%
Why It Is Expensive: Luxury tourism, celebrity culture
Rodeo Drive stays iconic even if it sits below the world’s most expensive street. Beverly Hills built its reputation around luxury shopping and celebrity visits. The area had limited activity in the early 1900s, but designers moved in and changed its story. Visitors now come for photos and premium goods. A single store here boosts a brand’s global image because people link the address with exclusivity. High tourism, strong spending, and limited retail space keep rent high.
12. Kalakaua Avenue – Hawaii, USA
Country: United States
Region: Waikiki, Hawaii
Annual Rent: $730 per sq ft
Year-on-Year Growth: 3%
Why It Is Expensive: Vacation spending, beachfront tourism
Kalakaua Avenue stays close to the top of the list because Waikiki pulls in millions of tourists each year, so Kalakaua Avenue is the most expensive street in the world. The street blends modern stores with Hawaiian culture. Decades ago, it served as a local area with traditional roots. Now it holds hotels, restaurants, and high-end shops. Visitors shop freely on vacation, so brands earn steady sales. Beachfront views add value and push rent upward. Businesses treat the address as a strategic place to connect with travelers.
13. Strøget – Denmark
Country: Denmark
Region: Copenhagen
Annual Rent: $700 per sq ft
Year-on-Year Growth: 2%
Why It Is Expensive: Pedestrian zones, tourism, cultural appeal
Strøget was built as a car-free zone in the 1960s, and it became one of Europe’s earliest pedestrian zones. Shoppers enjoy colorful buildings, local performers, and global brands. Foot traffic stays steady from morning to evening. Tourists love the mix of culture and retail. Rent rises because space stays limited and demand remains high. Businesses value the area’s charm and steady income potential.
14. Bloor Street – Canada
Country: Canada
Region: Toronto
Annual Rent: $650 per sq ft
Year-on-Year Growth: 2%
Why It Is Expensive: Wealthy neighborhoods, luxury stores
Bloor Street earns strong attention even though it ranks below the world’s most expensive street. Toronto shaped this area into a luxury district over several decades. Museums, upscale stores, and cultural spots sit along the lane. Wealthy neighborhoods surround the most expensive street in the world, so local spending stays strong. International brands showcase premium items here because the crowd fits their market. Rent rises slowly each year as demand stays steady and new developments add value to the area.
15. ION Orchard Front Strip – Singapore
Country: Singapore
Region: Orchard
Annual Rent: $630 per sq ft
Year-on-Year Growth: 1%
Why It Is Expensive: Modern design, strong mall traffic
The ION Orchard front strip sits among zones mentioned near the most expensive streetdue to its modern architecture and constant shopper flow. The mall draws attention with its bold design, which is why this is the most expensive street in the world. Over time, the surrounding area turned into a stylish lane full of visitors. Brands see the address as a prestige marker. Rent stays high because foot traffic never drops. Even small stores attract crowds and steady sales. Its strong retail environment secures its ranking.
Facts and Stats Related to This Topic
- Retail rents hit record highs in 2024 on global luxury streets.
- Over 85% of brands renew leases on top-tier streets because visibility boosts revenue.
- Luxury retail grew nearly 9% worldwide due to tourism recovery.
- The most expensive street in the world attracts millions of visitors yearly because global shoppers trust high-end retail clusters.
Conclusion
From a playful stroll to strategic shopping, the most expensive street in the world transforms ordinary visits into elite experiences. New Bond Street commands awe with its heritage and skyrocketing rents, equally matched by the unrivaled luxury it offers.
Just like the laughter and dreams that kick off this journey, these exclusive and the most expensive street in the world remind us that sometimes the price of prestige is steep, but the joy of living in such grandeur is priceless. Luxury lives here and now, where every step spells success.
