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Most Expensive Cities for Expat Living

The Economist blogged about this new list of rankings by Mercer, a consulting firm, for the most expensive cities for expats. The final ranking includes 214 cities in order of cost of living that includes “a basket of some 200 items” that includes “housing, transport, food, clothing, household goods and entertainment.”

Who comes out on top? You may be surprised, as Africa has 3 in the top ten: Luanda, Angola (1); Ndjamena, Chad (3); Libreville, Gabon (7). Paris comes in tied with London, at #17.
Why Africa?

The complete list can be found here.

  1. Herb
    July 26th, 2010 at 10:08 | #1

    Why??
    Luanda, Angola: commodity prices and rents for example are dictated by oil firms. These guys are coming in with lots of money to make even more. The locals know this and profit by boosting their prices. 10 US$ for a pack of cornflakes is no exception.

    Ndjamena, Chad: this country is landlocked and everything needs to be trucked in from far through difficult other countries passing a lot of borders that all take money. Otherwise everything needs to be flown in.

    Libreville, Gabon: not too sure but poor port and road infrastructure and heavy taxes will add to the prices.

    Cheers,
    Herb

  2. November 2nd, 2010 at 02:52 | #2

    Interesting. I also assumed that the more expensive cities would be in Europe instead of Africa. Thanks for sharing!

  1. July 7th, 2010 at 15:41 | #1
  2. July 9th, 2010 at 15:25 | #2

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