Paris, also known as the “City of Love,” is one of the most beautiful and romantic cities in the world. It is a popular tourist destination, attracting millions of visitors every year.
However, it is also one of the most expensive cities in the world to live in. Paris is divided into 20 arrondissements (districts), each with its own unique character and charm. In this article, we will explore which arrondissement is the most expensive to live in.
The Most Expensive Arrondissement
According to a recent study by MeilleursAgents, a French real estate company, the 6th arrondissement is the most expensive place to live in Paris. The average price per square meter for an apartment in this area is €13,610 ($15,950). This makes it more than twice as expensive as some of the other arrondissements.
What Makes the 6th Arrondissement So Expensive?
The 6th arrondissement is located on the left bank of the Seine River and is home to some of Paris’s most famous landmarks, including Notre-Dame Cathedral and Sainte-Chapelle. It also has many high-end shops, restaurants, and cafes that attract wealthy tourists and locals.
Another reason why the 6th arrondissement is so expensive is its central location. It is close to many other popular neighborhoods such as Saint-Germain-des-Prés and Montparnasse. This makes it an ideal location for those who want to be in the heart of Paris.
Other Expensive Arrondissements
While the 6th arrondissement takes first place for being the most expensive, there are several other areas that come close. The 1st arrondissement, which includes some of Paris’s most famous landmarks such as the Louvre Museum and the Tuileries Gardens, has an average price per square meter of €12,580 ($14,720). The 7th arrondissement, which is home to the Eiffel Tower and many government buildings, has an average price per square meter of €12,180 ($14,260).
What About Affordable Areas?
If you’re looking for a more affordable place to live in Paris, there are several arrondissements that offer lower prices. The 19th and 20th arrondissements on the outskirts of Paris have an average price per square meter of €7,400 ($8,640) and €8,030 ($9,380), respectively.
Conclusion
In conclusion, the 6th arrondissement is the most expensive place to live in Paris. Its central location and proximity to famous landmarks make it a desirable location for wealthy residents.
However, if you’re on a budget, there are still plenty of affordable areas in Paris that offer a great quality of life. It’s important to do your research before deciding where to live in this beautiful city.