Istanbul , Tokyo and Madrid made the cut . Baku and Doha were rejected for the second time in a row after failing to make the 2016 games . The top 10 most expensive cities in the world are all located on the west coast of North America : Los Angeles ( $ 1 billion ) New York City ( $ 2 billion ) Selection of host city will take place on September 7 , 2013 .
Istanbul , Tokyo and Madrid made the cut . The top 10 most expensive cities in the world are all located on the west coast of North America : Los Angeles ( $ 1 billion ) New York City ( $ 2 billion ) Selection of host city will take place on September 7 , 2013 .