The world's most expensive cities for expatriates
Arirang News
2018-06-26
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Hong Kong is the most expensive city in the world for expats to live in.
Runner up is Tokyo, Seoul is the fifth, and Shanghai sits at the seventh spot.
That's according to the annual cost of living report produced by HR firm Mercer.
The report ranked over 2-hundred cities on the cost of more than 200 goods and services, such as coffee, bread, milk, cinema tickets and rent.
Currency fluctuations seem to be the dominant reason for Asian cities topping the list.
Mercer used New York as the base city for all comparisons, with currency movements measured against the U.S. dollar.
Hong Kong is the most expensive city in the world for expats to live in.
Runner up is Tokyo, Seoul is the fifth, and Shanghai sits at the seventh spot.
That's according to the annual cost of living report produced by HR firm Mercer.
The report ranked over 2-hundred cities on the cost of more than 200 goods and services, such as coffee, bread, milk, cinema tickets and rent.
Currency fluctuations seem to be the dominant reason for Asian cities topping the list.
Mercer used New York as the base city for all comparisons, with currency movements measured against the U.S. dollar.
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