Every year the international consultancy Mercer presents the list of the 211 most expensive cities for expatriates based on prices of over 200 items including housing, transport, food, clothing, household goods and entertainment.
This year the ranking has several surprises. In the top two African cities, Luanda (Angola) and N’Djamena (Chad), followed by Hong Kong, Singapore and Zurich appear. The reason for the high cost of African cities is that you pay a premium for imported and home prices to rent are very high. New York, the city of reference for the survey, rose eight places on the list (since 16), and became the face of the continent. Also jumped positions Los Angeles (62) and San Francisco (74). In the first places in Latin America are Sao Paulo (49), Rio de Janeiro (65), Buenos Aires (86) and Bogota fell 38 points (going from 60 to 98, in the same position in Miami ). Among the cheapest cities in the world are Karachi (Pakistan) and Windhoek (Namibia).
“While Luanda and N’Djamena cities are relatively inexpensive, they are quite expensive for expatriates, since imported products come with a premium. Also, find safe housing and meets the standards of expatriates can be difficult and very expensive too. This is often the reason why some African cities rank highly in our survey. ”
As for Madrid and Barcelona occupy positions 63 and 71, respectively. Both cities have climbed positions compared to last year’s ranking, which was ranked 81 Madrid and Barcelona 84.