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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.

Contents

Mercer Human Resource Consulting surveys

March 2007 City March 2005 Rank March 2006 Rank
1 Moscow, Russia 4 1
2 London, United Kingdom 3 5
3 Seoul, South Korea 5 2
4 Tokyo, Japan 1 3
5 Hong Kong SAR, People's Republic of China 9 4
6 Copenhagen, Denmark 8 8
7 Geneva, Switzerland 6 7
8 Osaka, Japan 2 6
9 Zurich, Switzerland 7 9
10 Oslo, Norway 10 10
11 Milan, Italy 11 13
12 St. Petersburg, Russia 15 12
13 Paris, France 12 16
14 Singapore 34 17
15 New York City, United States 13 10
16 Dublin, Ireland 13 18
17 Tel Aviv, Israel 39 24
18 Rome, Italy 17 21
19 Vienna, Austria 16 21
20 Beijing, People's Republic of China 19 14
21 Sydney, Australia 20 19
22 Helsinki, Finland 20 25
23 Stockholm, Sweden 18 36
24 Douala, Cameroon 22 27
25 Amsterdam, The Netherlands 24 41
26 Shanghai, People's Republic of China 30 20
27 Madrid, Spain 53
28 Kiev, Ukraine 54 21
29 Athens, Greece 41 56
30 Almaty, Kazakhstan 52
31 Barcelona, Spain 43 56
31 Bratislava, Slovakia 31 49
33 Dakar, Senegal 36 45
34 Dubai, United Arab Emirates 73 25
35 Abidjan, Cote d'Ivoire 26 45
36 Glasgow, United Kingdom 40 60
37 Lagos, Nigeria 96 31
38 Istanbul, Turkey 22 15
39 Munich, Germany 37 65
40 Frankfurt, Germany 34 61
41 Birmingham, United Kingdom 47 69
42 Los Angeles, United States 44 29
43 Luxembourg, Luxembourg 33 56
44 Brussels, Belgium 41 70
45 Abu Dhabi, United Arab Emirates 64 30
45 Berlin, Germany 38 72
45 Dusseldorf, Germany 32 62
48 Taipei, Republic of China 29 28
49 Prague, Czech Republic 28 50
50 Algiers, Algeria 51
Beirut, Lebanon 52 32
Hanoi, Vietnam 50 32
São Paulo, Brazil 119 34
San Francisco, United States 50 34
San Juan, Puerto Rico 42 35
Ho Chi Minh City, Vietnam 56 37
Chicago, United States 52 38
Miami, United States 57 39
Rio de Janeiro, Brazil 124 40
Lusaka, Zambia 123 41
White Plains, United States 45 43
Shenzhen, People's Republic of China 63 44
Toronto, Canada 82 47
Jakarta, Indonesia 71 48
56 Vancouver, Canada 87 56
62 Amman, Jordan 67 62
62 Warsaw, Poland 27 62
65 Budapest, Hungary 24 65
67 Honolulu, United States 61 67
67 Aqaba, Jordan 112 67
68 Mumbai, India 105 68
71 Calgary, Canada 98 71
73 Chandigarh, India 109 73
73 New Delhi, India 110 73
74 Melbourne, Australia 68 74
75 Accra, Ghana 91 75
76 Houston, United States 70 76
77 Hamburg, Germany 49 77
78 Kuwait City, Kuwait 72 78
79 Zagreb, Croatia 48 79
80 Montreal, Canada 107 80
81 Riga, Latvia 54 81
81 Mexico City, Mexico 95 81
83 Washington, D.C., United States 78 83
84 Morristown, United States 80 84
84 Boston, United States 79 84
86 Atlanta, United States 83 86
87 Manama, Bahrain 86 87
88 Casablanca, Morocco 59 88
88 Lisbon, Portugal 66 88
90 Ottawa, Canada 122 90
91 Santiago, Chile 128 91
91 Lyon, France 61 91
93 Guatemala City, Guatemala 108 93
93 Cairo, Egypt 97 93
93 Perth, Australia 93 93
96 Tallinn, Estonia 60 96
97 Denver, United States 94 97
98 Riyadh, Saudi Arabia 88 98
99 Brisbane, Australia 84 99
100 Jeddah, Saudi Arabia 89 100
100 Auckland, New Zealand 69 100
102 Seattle, United States 103 102
103 Monterrey, Mexico 115 103
103 Minneapolis, United States 102 103
105 Wellington, New Zealand 76 105
106 Ljubljana, Slovenia 76 106
107 Nairobi, Kenya 119 107
108 Adelaide, Australia 89 108
109 Kingston, Jamaica 105 109
110 Cleveland, United States 109 110
111 Portland, United States 112 111
111 Sofia, Bulgaria 81 111
113 Pittsburgh, United States 111 113
114 Kuala Lumpur, Malaysia 117 114
114 Bucharest, Romania 103 114
116 Vilnius, Lithuania 91 116
117 Johannesburg, South Africa 116 117
118 Limassol, Cyprus 100 118
118 Lima, Peru 118 118
118 Bandar Seri Begawan, Brunei 113 118
121 Panama City, Panama 114 121
122 Detroit, United States 101 122
123 Leipzig, Germany 85 123
124 Winston-Salem, United States 119 124
125 Tehran, Iran 129 125
126 Santo Domingo, Dominican Republic 99 126
127 Bangkok, Thailand 125 127
128 Tianjin, People's Republic of China 131 128
129 Blantyre, Malawi 130 129
130 Bogotá, Colombia 133 130
131 Dhaka, Bangladesh 127 131
132 Colombo, Sri Lanka 132 132
133 Tunis, Tunisia 126 133
134 San José, Costa Rica 135 134
135 Quito, Ecuador 137 135
136 Caracas, Venezuela 138 136
137 Chennai, India 138 137
138 Montevideo, Uruguay 140 138
139 Bangalore, India 141 139
140 Karachi, Pakistan 136 140
141 Manila, Philippines 143 141
142 Buenos Aires, Argentina 142 142
143 Harare, Zimbabwe 134 143
144 Asunción, Paraguay 144 144

Three most expensive cities by region (as of March 2007)

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
2 Melbourne ▲ 82.5
3 Adelaide ▲ 74.7

[1]

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 ▲ 119.4

South-East Asia

Rank City Cost of Living Index
1 Singapore ▲ 100.4

Middle East & North Africa

Rank City Cost of Living Index
1 Tel Aviv ▲ 97.7
2 Dubai ▲ 88.8
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
This list is incomplete; you can help by expanding it.

Expensive cities in 2007

  1. Oslo
  2. Copenhagen
  3. London
  4. Dublin
  5. Zürich
  6. Stockholm
  7. Helsinki
  8. Genève
  9. Paris
  10. Vienna
  11. Luxembourg
  12. Tokyo
  13. Brussels
  14. Munich
  15. Lyon
  16. Amsterdam
  17. Frankfurt
  18. New York City
  19. Toronto
  20. Barcelona

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

References

  1. ^ City Mayors: Cost of living - The world's most expensive cities
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