Wayoi.Com - Based on Worldwide Cost of Living Survey 2008 (July 2008), Moscow is the world’s most expensive city for expatriates for the third consecutive year, according to the latest Cost of Living Survey from Mercer. Tokyo is in second position climbing two places since last year, whereas London drops one place to rank third. Oslo climbs six places to 4th place and is followed by Seoul in 5th. Asunción in Paraguay is the least expensive city in the ranking for the sixth year running. Dublin remains the world's 16th most expensive city and Europe's 8th most expensive.
With New York as the base city scoring 100 points, Moscow scores 142.4 and is close to three times costlier than Asunción which has an index of 52.5. Contrary to the trend observed last year the gap between the world’s most and least expensive cities now seems to be widening. Mercer’s survey covers 143 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is the world’s most comprehensive cost of living survey and is used to help multinational companies and governments determine compensation allowances for their expatriate employees.
This survey is updated every year, may be this year your city is low cost for expatriate to live in, but for the next year it is possible to be higher. If you an expatriate or foreign student, this survey is useful for you. Keep in touch to get the cost living in all across of city in the world.
March 23, 2009
