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These are lists of the world's most expensive cities for expatriate employees (not residents), according to the Mercer ,[ 1] ECA International [ 2] and Xpatulator.com[ 3] cost-of-living surveys. Other surveys from online collaborative indices, such as Numbeo,[ 4] Expatistan,[ 5] or Eardex[ 6] are not covered by this article.
Various factors enter into a city's cost-of-living for expatriate employees, such as monetary value, consumer confidence , investment , interest rates , exchange rates of the country's currency, and housing costs. This list does not account for cost-of-living savings accrued to local citizens through government-subsidized housing, health care, education, differences in taxation , and many other factors irrelevant to expatriates. Cost of living may be much higher for expatriates than for local residents in a developing country , especially if expatriates expect a standard of living similar to a developed country .
Mercer
File:Hong Kong Island Skyline 2009.jpg Hong Kong SAR
File:Panorama of Ashgabat.jpg Ashgabat , Turkmenistan
File:Skyscrapers of Shinjuku 2009 January.jpg Tokyo , Japan
File:Singapore Merlion-at-Marina-Bay-01.jpg Singapore
Mercer's Cost of Living surveys are taken in March of each year. The survey covers 207 cities around the world and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is designed to help multinational companies and governments determine compensation allowances for their expatriate employees. New York is used as the base city and all other cities are compared against it. The cost of housing plays an important part in determining where cities are ranked.
Two main factors determine a city’s ranking in Mercer’s survey – the relative strength of the relevant currency against the US dollar over the prior 12 months and price movements over the prior 12 months compared to those in New York City as the base.
Top ten locations surveyed (2023)[ 7]
Rank
City
Country or Region
1
Hong Kong
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2
Singapore
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3
Zürich
Script error: No such module "flag".
4
Geneva
5
Basel
6
New York
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7
Bern
Script error: No such module "flag".
8
Tel Aviv
Script error: No such module "flag".
9
Copenhagen
Script error: No such module "flag".
10
Nassau
Script error: No such module "flag".
Top ten locations surveyed (2022)[ 8]
Rank
City
Country or Region
1
Hong Kong
Script error: No such module "flag".
2
Zürich
Script error: No such module "flag".
3
Geneva
4
Basel
5
Bern
6
Tel Aviv
Script error: No such module "flag".
7
New York
Script error: No such module "flag".
8
Singapore
Script error: No such module "flag".
9
Tokyo
Script error: No such module "flag".
10
Beijing
Script error: No such module "flag".
Top ten locations surveyed (2021)[ 9] [ 10]
Rank
City
Country or Region
1
Ashgabat
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2
Hong Kong
Script error: No such module "flag".
3
Beirut
Script error: No such module "flag".
4
Tokyo
Script error: No such module "flag".
5
Zürich
Script error: No such module "flag".
6
Shanghai
Script error: No such module "flag".
7
Singapore
Script error: No such module "flag".
8
Geneva
Script error: No such module "flag".
9
Beijing
Script error: No such module "flag".
10
Bern
Script error: No such module "flag".
Top ten locations surveyed (2020)[ 11]
Rank
City
Country of Region
1
Hong Kong
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2
Ashgabat
Script error: No such module "flag".
3
Tokyo
Script error: No such module "flag".
4
Zürich
Script error: No such module "flag".
5
Singapore
Script error: No such module "flag".
6
New York
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7
Shanghai
Script error: No such module "flag".
8
Bern
Script error: No such module "flag".
9
Geneva
10
Beijing
Script error: No such module "flag".
Top ten locations surveyed (2019)[ 12]
Rank
City
Country or Region
1
Hong Kong
Script error: No such module "flag".
2
Tokyo
Script error: No such module "flag".
3
Singapore
Script error: No such module "flag".
4
Seoul
Script error: No such module "flag".
5
Zürich
Script error: No such module "flag".
6
Shanghai
Script error: No such module "flag".
7
Ashgabat
Script error: No such module "flag".
8
Beijing
Script error: No such module "flag".
9
New York
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10
Shenzhen
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Top ten locations surveyed (2018)[ 13]
Rank
City
Country or Region
1
Hong Kong
Script error: No such module "flag".
2
Tokyo
Script error: No such module "flag".
3
Zürich
Script error: No such module "flag".
4
Singapore
Script error: No such module "flag".
5
Seoul
Script error: No such module "flag".
6
Luanda
Script error: No such module "flag".
7
Shanghai
Script error: No such module "flag".
8
N’Djamena
Script error: No such module "flag".
9
Beijing
Script error: No such module "flag".
10
Bern
Script error: No such module "flag".
Top ten locations surveyed (2017)[ 14]
Rank
City
Country or Region
1
Luanda
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2
Hong Kong
Script error: No such module "flag".
3
Tokyo
Script error: No such module "flag".
4
Zürich
Script error: No such module "flag".
5
Singapore
Script error: No such module "flag".
6
Seoul
Script error: No such module "flag".
7
Geneva
Script error: No such module "flag".
8
Shanghai
Script error: No such module "flag".
9
New York
Script error: No such module "flag".
10
Bern
Script error: No such module "flag".
Top ten locations surveyed (2016)[ 15] [ 16]
Rank
City
Country or Region
1
Hong Kong
Script error: No such module "flag".
2
Luanda
Script error: No such module "flag".
3
Zürich
Script error: No such module "flag".
4
Singapore
Script error: No such module "flag".
5
Tokyo
Script error: No such module "flag".
6
Kinshasa
Script error: No such module "flag".
7
Shanghai
Script error: No such module "flag".
8
Geneva
Script error: No such module "flag".
9
N’Djamena
Script error: No such module "flag".
10
Beijing
Script error: No such module "flag".
Top ten locations surveyed (2015)[ 17] [ 16]
Rank
City
Country or Region
1
Luanda
Script error: No such module "flag".
2
Hong Kong
Script error: No such module "flag".
3
Zürich
Script error: No such module "flag".
4
Singapore
Script error: No such module "flag".
5
Geneva
Script error: No such module "flag".
6
Shanghai
Script error: No such module "flag".
7
Beijing
8
Seoul
Script error: No such module "flag".
9
Bern
Script error: No such module "flag".
10
N’Djamena
Script error: No such module "flag".
ECA International
File:Zürich.jpg Zürich , Switzerland
File:Geneve 2005 001 Ork.ch.jpg Geneva , Switzerland
File:Basel - Münsterpfalz1.jpg Basel , Switzerland
File:The Zytglogge clock tower.jpg Bern , Switzerland
Every March and September, ECA International calculates the cost of living for expatriates in almost 400 cities around the world. The survey does not include certain living costs such as accommodation, utilities (electricity, gas, water costs), car purchase and school fees. These are usually compensated for separately in expatriate packages from cost of living allowances.
Top 20 cities surveyed (2023)[ 18]
Ranking
City
Country or Region
1
New York
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2
Hong Kong
Script error: No such module "flag".
3
Geneva
Script error: No such module "flag".
4
London
Script error: No such module "flag".
5
Singapore
Script error: No such module "flag".
6
Zürich
Script error: No such module "flag".
7
San Francisco
Script error: No such module "flag".
8
Tel Aviv
Script error: No such module "flag".
9
Seoul
Script error: No such module "flag".
10
Tokyo
Script error: No such module "flag".
Top 20 cities surveyed (2022)[ 19]
Ranking
City
Country or Region
1
Hong Kong
Script error: No such module "flag".
2
New York
Script error: No such module "flag".
3
Geneva
Script error: No such module "flag".
4
London
Script error: No such module "flag".
5
Tokyo
Script error: No such module "flag".
6
Tel Aviv
Script error: No such module "flag".
7
Zürich
Script error: No such module "flag".
8
Shanghai
Script error: No such module "flag".
9
Guangzhou
10
Seoul
Script error: No such module "flag".
Top 20 cities surveyed (2021)[ 20]
Ranking
City
Country or Region
1
Hong Kong
Script error: No such module "flag".
2
Tokyo
Script error: No such module "flag".
3
Geneva
Script error: No such module "flag".
4
New York
Script error: No such module "flag".
5
London
Script error: No such module "flag".
6
Zürich
Script error: No such module "flag".
7
Tel Aviv
Script error: No such module "flag".
8
Seoul
Script error: No such module "flag".
9
Shanghai
Script error: No such module "flag".
10
Guangzhou
Top 20 cities surveyed (2020)[ 21]
Ranking
City
Country or Region
1
Ashgabat
Script error: No such module "flag".
2
Zürich
Script error: No such module "flag".
3
Geneva
4
Basel
5
Bern
6
Hong Kong
Script error: No such module "flag".
7
Tokyo
Script error: No such module "flag".
8
Tel Aviv
Script error: No such module "flag".
9
Jerusalem
10
Yokohama
Script error: No such module "flag".
Top 20 cities surveyed (2019)[ 22]
Ranking
City
Country or Region
1
Ashgabat
Script error: No such module "flag".
2
Zürich
Script error: No such module "flag".
3
Geneva
4
Hong Kong
Script error: No such module "flag".
5
Basel
Script error: No such module "flag".
6
Bern
7
Tokyo
Script error: No such module "flag".
8
Seoul
Script error: No such module "flag".
9
Tel Aviv
Script error: No such module "flag".
10
Shanghai
Script error: No such module "flag".
Top 20 cities surveyed (2018)[ 23]
Ranking
City
Country or Region
1
Ashgabat
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2
Geneva
Script error: No such module "flag".
3
Zürich
4
Basel
5
Bern
6
Hong Kong
Script error: No such module "flag".
7
Seoul
Script error: No such module "flag".
8
Tokyo
Script error: No such module "flag".
9
Oslo
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10
Stavanger
Top 20 cities surveyed (2017)[ 24]
Ranking
City
Country or Region
1
Luanda
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2
Hong Kong
Script error: No such module "flag".
3
Zürich
Script error: No such module "flag".
4
Geneva
5
Basel
6
Bern
7
Tokyo
Script error: No such module "flag".
8
Seoul
Script error: No such module "flag".
9
Caracas
Script error: No such module "flag".
10
Khartoum
Script error: No such module "flag".
Top 20 cities surveyed (2016)[ 25]
Ranking
City
Country or Region
1
Kinshasa
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2
Zürich
Script error: No such module "flag".
3
Geneva
4
Basel
5
Bern
6
Freetown
Script error: No such module "flag".
7
Tokyo
Script error: No such module "flag".
8
Luanda
Script error: No such module "flag".
9
Hong Kong
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10
Shanghai
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See also
References
Template:Reflist
Template:Cities
Template:Lists of Real Estate superlatives
Template:Most Expensive
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