A brand new report shows that eight of the ten costliest cities to live in are in Asia.
For the second yr in a row, the world’s costliest city for expats is Hong Kong, followed by Toyko, Singapore and Seoul.
The Mercer 2019 Cost of Living Survey ranked greater than 500 cities all over the world on the prices of greater than 200 items, including housing, transportation, food, clothing, home goods and entertainment.
Zurich was the one European participant to crack the highest ten, ending fifth, Shanghai sixth and Ashgabat in Turkmenistan seventh.
Beijing, New York and Shenzhen, situated just across the border with China from Hong Kong, were the eighth, ninth and tenth costliest cities to live in, respectively.
At the opposite end of the spectrum was Tunis, Tunisia; Tashkent in Uzbekistan; and Pakistan’s capital Karachi ranked 209, 208 and 207 respectively.
According to the 2019 rankings, UK cities have turn out to be barely cheaper since last yr. London fell 4 places to 23, Birmingham fell seven places to 135 and Aberdeen, in 137th place, dropped three places.
Reports have stated that the costliest cities on this planet to live in are:
1. Hong Kong Special Administrative Region, China
2. Tokyo, Japan
3. Singapore, Singapore
4. Seoul, South Korea
5. Zurich, Switzerland
6. Shanghai, China
7. Ashgabat, Turkmenistan
8. Beijing, China
9. New York, USA
10. Shenzhen, China
Since we’re more all in favour of which cities in Southeast Asia are the most cost effective for expats to live in, we present an excerpt from the report (in descending order):
(Ranking 2018) (Ranking 2019) – CITY
(4) (3) – Singapore
(52) (40) – Thailand
(106) (102) – Bandar Seri Begawan
(117) (105) – Jakarta
(142) (108) – Phnom Penh
(138) (109) – Manila
(137) (112) – Hanoi
(91) (117) – Rangoon
(124) (120) – Ho Chi Minh City
(145) (141) – Kuala Lumpur
Source: Mercer’s 2019 Cost of Living Study
