LIST OF MOST EXPENSIVE CITIES FOR EXPATRIATE EMPLOYEES
This is a list of the world's most expensive cities, according to the Mercer Human Resource Consulting Cost of Living Surveys.[1] Various factors enter into a city's cost-of-living for expatriate employees, such as monetary value, consumer confidence, investment, interest rates, exchange rates of the country's currency, and housing costs.
This list 'does not' account for cost-of-living savings accrued to local citizens through government-subsidized housing, health care, and education, differences in taxation, and many other factors irrelevant to expatriates. Cost of living may be much higher for expatriates than for local residents in a developing country, especially if expatriates expect a standard of living similar to a developed country.
'Americas'
'Australia'
'Europe'
'Far East'
'Middle East & North Africa'
'Sub-Saharan Africa'
According to a survey released in January 2006 by The Economist Group:
★ Vadgama's Dictionary of Interesting Facts
★ The Mercer 2006 Cost of Living Survey [2]
★ Finfacts Ireland [3]
★ BBC News article referring to the survey [4]
★ MCMXCIII News article about the survey [5]
★ CNNMoney.com article about the survey by the Economist Intelligence Unit [6]
★ The Economist Intelligence Unit (EIU) [7]
★ Global/Worldwide Cost of Living [8]
★ List of cities by quality of living
★ List of cities by Health and Sanitation
★ Global city
★ Expatriate
★ Worldwide ERC
This list 'does not' account for cost-of-living savings accrued to local citizens through government-subsidized housing, health care, and education, differences in taxation, and many other factors irrelevant to expatriates. Cost of living may be much higher for expatriates than for local residents in a developing country, especially if expatriates expect a standard of living similar to a developed country.
| Contents |
| Mercer Human Resource Consulting surveys |
| Three most expensive cities by region |
| Economist Intelligence Unit 2006 survey |
| Sources |
| See also |
Mercer Human Resource Consulting surveys
Three most expensive cities by region
'Americas'
| Rank | City | Cost of Living Index |
|---|---|---|
| 1 | New York City | 100 |
| 2 | Los Angeles | 87.1 |
'Australia'
| Rank | City | Cost of Living Index |
|---|---|---|
| 1 | Sydney | 94.9 |
'Europe'
| Rank | City | Cost of Living Index |
|---|---|---|
| 1 | Moscow | 134.4 |
| 2 | London | 126.3 |
| 3 | Copenhagen | 110.2 |
'Far East'
| Rank | City | Cost of Living Index |
|---|---|---|
| 1 | Seoul | 122.4 |
| 2 | Tokyo | 122.1 |
| 3 | Hong Kong | 116.3 |
'Middle East & North Africa'
| Rank | City | Cost of Living Index |
|---|---|---|
| 1 | Tel Aviv | 97.7 |
| 2 | Dubai | 87.8 |
| 3 | Istanbul | 87.7 |
'Sub-Saharan Africa'
| Rank | City | Cost of Living Index |
|---|---|---|
| 1 | Douala | 92.9 |
| 2 | Dakar | 89 |
Economist Intelligence Unit 2006 survey
According to a survey released in January 2006 by The Economist Group:
| '2006 Rank' | 'City' | '2005 Rank' |
| 1 | Oslo, Norway | 3 |
| 2 | Tokyo, Japan | 1 |
| 3 | Osaka/Kobe, Japan | 8 |
| 4 (tie) | Reykjavík, Iceland | 2 |
| 4 (tie) | Paris, France | 4 |
| 6 | Copenhagen, Denmark | 5 |
| 7 | London, United Kingdom | 7 |
| 8 | Zurich, Switzerland | 6 |
| 9 | Geneva, Switzerland | 8 |
| 10 | Helsinki, Finland | 10 |
| 11 | Brussels, Belgium | 11 |
| 12 | Toronto, Canada | 12 |
Sources
★ Vadgama's Dictionary of Interesting Facts
★ The Mercer 2006 Cost of Living Survey [2]
★ Finfacts Ireland [3]
★ BBC News article referring to the survey [4]
★ MCMXCIII News article about the survey [5]
★ CNNMoney.com article about the survey by the Economist Intelligence Unit [6]
★ The Economist Intelligence Unit (EIU) [7]
★ Global/Worldwide Cost of Living [8]
See also
★ List of cities by quality of living
★ List of cities by Health and Sanitation
★ Global city
★ Expatriate
★ Worldwide ERC
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