Tokyo is no longer a member of the list of the 10 most expensive cities in the world for expatriates. The reasons given were the decline in value of the yen (which is currently climbing) and low inflation.
Tokyo, the world’s biggest city, slipped from 10th to 13th in the survey by ECA International, which measures the cost of food, basic items including drink and tobacco, and other costs such as clothing and electrical goods.
Seoul remains Asia’s most expensive city, moving to 7th from 8th in the global rankings. Taipei fell six places to 94th in the world, or 6th in Asia, the survey said.
Hong Kong remained the 5th most expensive city to live in Asia, while Singapore rose 10 places to 122nd globally and ninth in the region, because of a stronger Singapore dollar.
World’s 10 Most Expensive Cities
- Luanda, Angola
- Oslo, Norway
- Moscow, Russia
- Stavanger, Norway
- Copenhagen, Denmark
- Kinshasa, Congo Democratic Rep.
- Seoul, Korea Republic
- Libreville, Gabon
- Geneva, Switzerland
- London, U.K.
I’m surprised Harare isn’t on the list
Eeeee? What’s so expensive in Angola???
Those African cities are on the list because in order to live a modern lifestyle there, including security, requires big bucks. These surveys are based on cost of living for an executive or technical employee for a multinational or equivalent.
Oh I see.
Those figures are total rubbish then.
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[…] 1. Luanda, Angola 2. Oslo, Norvège 3. Moscou, Russie 4. Stavanger, Norvège 5. Copenhague, Danemark 6. Kinshasa, République démocratique du Congo 7. Seoul, République de Corée 8. Libreville, Gabon 9. Genève, Suisse 10. Londres, Royaume Uni[bloomberg via luxurylaunches and japundit] […]
[…] 1. Luanda, Angola 2. Oslo, Norvège 3. Moscou, Russie 4. Stavanger, Norvège 5. Copenhague, Danemark 6. Kinshasa, République démocratique du Congo 7. Seoul, République de Corée 8. Libreville, Gabon 9. Genève, Suisse 10. Londres, Royaume Uni[bloomberg via luxurylaunches and japundit] […]