Thursday, November 25, 2010

Which is the world's most expensive city?

Another cost of living report for 2010 has been released by Mercer. Based on over 200 goods and services, the report brings you factual price information from more than 290 cities around the world. The top of the list covers the well known players, Tokyo, Moscow, Geneva, and so forth. However, the - quite unexpected - number one is Luanda in Angola. More than the half of Luanda's population lives in poverty. Even standard services as safe drinking water are in short supply, this makes Luanda the most expensive city for expatriates.

Further reads:
http://finfacts.ie/costofliving.htm
http://www.guardian.co.uk/news/datablog/2010/jun/30/city-costs-living
http://www.mercer.com/costoflivingservices