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This is a list of the world's most expensive cities for expatriate employees, (not local residents) according to the Mercer Human Resource Consulting 2006 Cost of Living Survey [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, housing costs, among others. 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.
[edit] Mercer Human Resource Consulting 2006 survey
March 2006 Rank |
City |
March 2005 Rank |
1 |
Moscow, Russia |
4 |
2 |
Seoul, South Korea |
5 |
3 |
Tokyo, Japan |
1 |
4 |
Hong Kong, SAR |
9 |
5 |
London, United Kingdom |
3 |
6 |
Osaka, Japan |
2 |
7 |
Geneva, Switzerland |
6 |
8 |
Copenhagen, Denmark |
8 |
9 |
Zurich, Switzerland |
7 |
10 (tie) |
Oslo, Norway |
10 |
10 (tie) |
New York City, United States |
13 |
12 |
St. Petersburg, Russia |
15 |
13 |
Milan, Italy |
11 |
14 |
Beijing, People's Republic of China |
19 |
15 |
Istanbul, Turkey |
22 |
16 |
Paris, France |
12 |
17 |
Singapore, Singapore |
34 |
18 |
Dublin, Ireland |
13 |
19 |
Sydney, Australia |
20 |
20 |
Shanghai, People's Republic of China |
30 |
21 |
Rome, Italy |
17 |
21 |
Kiev, Ukraine |
54 |
21 |
Vienna, Austria |
16 |
24 |
Tel Aviv, Israel |
39 |
25 |
Helsinki, Finland |
20 |
25 |
Dubai, United Arab Emirates |
73 |
27 |
Douala, Cameroon |
22 |
28 |
Taipei, Taiwan |
29 |
29 |
Los Angeles, United States |
44 |
30 |
Abu Dhabi, United Arab Emirates |
64 |
31 |
Lagos, Nigeria |
96 |
32 |
Beirut, Lebanon |
52 |
32 |
Hanoi, Vietnam |
50 |
34 |
São Paulo, Brazil |
119 |
34 |
San Francisco, United States |
50 |
35 |
San Juan, Puerto Rico |
42 |
36 |
Stockholm, Sweden |
18 |
37 |
Ho Chi Minh City, Vietnam |
56 |
38 |
Chicago, United States |
52 |
39 |
Miami, United States |
57 |
40 |
Rio de Janeiro, Brazil |
124 |
41 |
Lusaka, Zambia |
123 |
41 |
Amsterdam, The Netherlands |
24 |
43 |
White Plains, United States |
45 |
44 |
Shenzhen, People's Republic of China |
63 |
45 |
Abidjan, Cote d'Ivoire |
26 |
45 |
Dakar, Senegal |
36 |
47 |
Toronto, Canada |
82 |
48 |
Jakarta, Indonesia |
71 |
49 |
Bratislava, Slovakia |
31 |
50 |
Prague, Czech Republic |
28 |
56 |
Vancouver, Canada |
87 |
56 |
Barcelona, Spain |
43 |
56 |
Luxembourg, Luxembourg |
33 |
59 |
Athens, Greece |
41 |
60 |
Glasgow, United Kingdom |
40 |
61 |
Frankfurt, Germany |
34 |
62 |
Amman, Jordan |
67 |
62 |
Dusseldorf, Germany |
32 |
62 |
Warsaw, Poland |
27 |
65 |
Munich, Germany |
37 |
65 |
Budapest, Hungary |
24 |
67 |
Honolulu, United States |
61 |
68 |
Mumbai, India |
105 |
69 |
Birmingham, United Kingdom |
47 |
70 |
Brussels, Belgium |
41 |
71 |
Calgary, Canada |
98 |
72 |
Berlin, Germany |
38 |
73 |
Chandigarh, India |
109 |
73 |
New Delhi, India |
110 |
74 |
Melbourne, Australia |
68 |
75 |
Accra, Ghana |
91 |
76 |
Houston, United States |
70 |
77 |
Hamburg, Germany |
49 |
78 |
Kuwait City, Kuwait |
72 |
79 |
Zagreb, Croatia |
48 |
80 |
Montreal, Canada |
107 |
81 |
Riga, Latvia |
54 |
81 |
Mexico City, Mexico |
95 |
83 |
Washington, United States |
78 |
84 |
Morristown, United States |
80 |
84 |
Boston, United States |
79 |
86 |
Atlanta, United States |
83 |
87 |
Manama, Bahrain |
86 |
88 |
Casablanca, Morocco |
59 |
88 |
Lisbon, Portugal |
66 |
90 |
Ottawa, Canada |
122 |
91 |
Santiago, Chile |
128 |
91 |
Lyon, France |
61 |
93 |
Guatemala City, Guatemala |
108 |
93 |
Cairo, Egypt |
97 |
93 |
Perth, Australia |
93 |
96 |
Tallinn, Estonia |
60 |
97 |
Denver, United States |
94 |
98 |
Riyadh, Saudi Arabia |
88 |
99 |
Brisbane, Australia |
84 |
100 |
Jeddah, Saudi Arabia |
89 |
100 |
Auckland, New Zealand |
69 |
102 |
Seattle, United States |
103 |
103 |
Monterrey, Mexico |
115 |
103 |
St. Louis, United States |
102 |
105 |
Wellington, New Zealand |
76 |
106 |
Ljubljana, Slovenia |
76 |
107 |
Nairobi, Kenya |
119 |
108 |
Adelaide, Australia |
89 |
109 |
Kingston, Jamaica |
105 |
110 |
Cleveland, United States |
109 |
111 |
Portland, United States |
112 |
111 |
Sofia, Bulgaria |
81 |
113 |
Pittsburgh, United States |
111 |
114 |
Kuala Lumpur, Malaysia |
117 |
114 |
Bucharest, Romania |
103 |
116 |
Vilnius, Lithuania |
91 |
117 |
Johannesburg, South Africa |
116 |
118 |
Limassol, Cyprus |
100 |
118 |
Lima, Peru |
118 |
118 |
Bandar Seri Begawan, Brunei |
113 |
121 |
Panama City, Panama |
114 |
122 |
Detroit, United States |
101 |
123 |
Leipzig, Germany |
85 |
124 |
Winston-Salem, United States |
119 |
125 |
Tehran, Iran |
129 |
126 |
Santo Domingo, Dominican Republic |
99 |
127 |
Bangkok, Thailand |
125 |
128 |
Tianjin, People's Republic of China |
131 |
129 |
Blantyre, Malawi |
130 |
130 |
Bogotá, Colombia |
133 |
131 |
Dhaka, Bangladesh |
127 |
132 |
Colombo, Sri Lanka |
132 |
133 |
Tunis, Tunisia |
126 |
134 |
San José, Costa Rica |
135 |
135 |
Quito, Ecuador |
137 |
136 |
Caracas, Venezuela |
138 |
137 |
Chennai, India |
138 |
138 |
Montevideo, Uruguay |
140 |
139 |
Bangalore, India |
141 |
140 |
Karachi, Pakistan |
136 |
141 |
Manila, Philippines |
143 |
142 |
Buenos Aires, Argentina |
142 |
143 |
Harare, Zimbabwe |
134 |
144 |
Asunción, Paraguay |
144 |
[edit] 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 |
[edit] 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]
[edit] See also