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List of most expensive cities for expatriate employees

These are lists of the world's most expensive cities for expatriate employees (not residents), according to the Mercer,[1] ECA International[2] and Xpatulator.com [3] cost-of-living surveys. Other surveys from online collaborative indices, such as Numbeo,[4] Expatistan,[5] or Eardex[6] are not covered by this article.

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

MercerEdit

Mercer's Cost of Living surveys are taken in March of each year.

The survey covers 207 cities around the world and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is designed to help multinational companies and governments determine compensation allowances for their expatriate employees. New York is used as the base city and all other cities are compared against New York. The cost of housing plays an important part in determining where cities are ranked.

Two main factors determine a city’s ranking in Mercer’s survey – the relative strength of the relevant currency against the US dollar over the prior 12 months and price movements over the prior 12 months compared to those in New York City as the base.

Top ten locations surveyed (2015)[7]
Rank City Country Region
1 Luanda   Angola Africa
2 Hong Kong   Hong Kong Asia Pacific
3 Zürich    Switzerland Europe
4 Singapore   Singapore Asia Pacific
5 Geneva    Switzerland Europe
6 Shanghai   China Asia Pacific
7 Beijing   China Asia Pacific
8 Seoul   South Korea Asia Pacific
9 Bern    Switzerland Europe
10 N’Djamena   Chad Africa

ECA InternationalEdit

Every March and September, ECA International calculates the cost of living for expatriates in almost 400 cities around the world. The survey does not include certain living costs such as accommodation, utilities (electricity, gas, water costs), car purchase and school fees. These are usually compensated for separately in expatriate packages from cost of living allowances.

Top 20 cities surveyed (2015)[2]
Ranking City Country
1 Juba   South Sudan
2 Luanda   Angola
3 Zürich    Switzerland
4 Geneva    Switzerland
5 Bern    Switzerland
6 Basel    Switzerland
7 Kinshasa   Democratic Republic of the Congo
8 Shanghai   China
9 Beijing   China
10 Seoul   South Korea
11 Oslo   Norway
12 Hong Kong   Hong Kong
13 Stavanger   Norway
14 Guangzhou   China
15 Busan   South Korea
16 Tokyo   Japan
17 Conakry   Guinea
18 Shenzhen   China
19 Singapore   Singapore
20 New York City   United States

Asia PacificEdit

Top 250 cities surveyed (2015), filtered Asia Pacific[2]
Regional Ranking Global Ranking City Country
1 8 Shanghai   China
2 9 Beijing   China
3 10 Seoul   South Korea
4 12 Hong Kong   Hong Kong
5 14 Guangzhou   China
6 15 Busan   South Korea
7 16 Tokyo   Japan
8 18 Shenzhen   China
9 19 Singapore   Singapore
10 21 Port Moresby   Papua New Guinea
11 23 Ulsan   South Korea
12 26 Dalian   China
13 28 Yokohama   Japan
14 31 Nagoya   Japan
15 32 Qingdao   China
16 33 Osaka   Japan
17 35 Chengdu   China
18 36 Tianjin   China
19 39 Suzhou   China
20 41 Xi'an   China
21 42 Nanjing   China
22 43 Macau   Macau
23 44 Auckland   New Zealand
24 45 Chongqing   China
25 47 Wuhan   China
26 49 Wellington   New Zealand
27 50 Xiamen   China
28 51 Taipei   Taiwan
29 56 Christchurch   New Zealand
30 57 Sydney   Australia
31 63 Canberra   Australia
32 68 Melbourne   Australia
33 74 Perth   Australia
34 77 Adelaide   Australia
35 78 Brisbane   Australia
36 80 Darwin   Australia
37 86 Kaohsiung   Taiwan
38 124 Bangkok   Thailand
39 158 Dhaka   Bangladesh
40 173 Manila   Philippines
41 174 New Delhi   India
42 177 Jakarta   Indonesia
43 178 Vientiane   Laos
44 181 Phnom Penh   Cambodia
45 184 Chiang Mai   Thailand
46 189 Kuala Lumpur   Malaysia
47 190 Yangon   Myanmar
48 197 Mumbai   India
49 198 Hanoi   Vietnam
50 201 Ho Chi Minh City   Vietnam
51 209 Pune   India
52 214 Chennai   India
53 217 Colombo   Sri Lanka
54 220 Bengaluru   India
55 226 Kolkata   India
56 227 Hyderabad   India
57 231 George Town   Malaysia
58 234 Surabaya   Indonesia
59 235 Johor Bahru   Malaysia
60 238 Kathmandu     Nepal
61 241 Islamabad   Pakistan
62 242 Karachi   Pakistan
63 250 Ulaanbaatar   Mongolia

See alsoEdit

ReferencesEdit

  1. ^ "Mercer's 2013 Cost of Living Survey City Rankings – Global Overview". Mercer. July 23, 2013. Retrieved January 22, 2014.
  2. ^ a b c "Hong Kong now more expensive than Tokyo for expatriates". ECA International. June 11, 2015. Retrieved September 4, 2016.
  3. ^ "Cost of Living Rankings for 2014". Xpatulator. Retrieved July 1, 2014.
  4. ^ "Cost of Living Index for 2012". Numbeo. Retrieved January 25, 2013.
  5. ^ "Expatistan Cost of Living Index". Expatistan. Retrieved January 25, 2013.
  6. ^ Eardex. Retrieved January 25, 2013.
  7. ^ "Mercer's 2015 Cost of Living - City Rankings". Mercer. Retrieved October 17, 2015.