Asian Cities Dominate the List of Most Expensive Locations for Working Abroad
Mercer’s 2017 Cost of Living Survey ranks Luanda, capital of Angola, Hong Kong, Tokyo, Zurich and Singapore as the top 5 most expensive cities for expatriates. The costliest city is Luanda which is driven up by cost of goods and security. Asian cities dominated the rankings with five in the top 10. Hong Kong, is followed by Tokyo (3), Singapore (5), Seoul and Shanghai (8).
“Asian cities dominated the rankings with five in the top 10.”
The annual survey uses New York as its base point of comparison and includes more than 400 cities across five continents, measuring the cost of more than 200 items including housing, transportation, food, clothing, household goods and entertainment.
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