Overall, us cities either remained stable in the ranking or have slightly decreased due to the movement of the us dollar against the majority of. Vienna austria has been ranked first for ten consecutive years. The costliest city, driven by cost of goods and security, is luanda 1, the capital of angola. Mercer announces 2012 cost of living survey results. Mercers 2018 cost of living ranking covers 209 prevalent destinations for. The cities ranking based on the composite indicator of qol is then com. Vienna has earned mercers distinction as the city with the highest quality of living in europe and the world. Sydney was the highest ranking local city at 29, down from 24 in 2017. Auckland 61, new zealands most expensive city for expatriates. Mercers annual ranking of the cost of living for expatriate employees in prevalent assignment locations around the world. Globally, vienna tops the ranking for the 10th year running, closely followed by zurich, the runnerup. Mercer produces worldwide qualityofliving rankings annually from its worldwide quality of living surveys. The global rankings see dubai as the 21st most expensive city in the world, a rise of two places in comparison to last year, with abu dhabi, 25th in world, changed. Mercers quality of living survey includes a personal safety ranking based on internal stability, crime levels, performance of local law enforcement, and the.
These are lists of the worlds most expensive cities for expatriate employees not residents. Two main factors determine a citys ranking in mercers survey the relative strength of the. Mercers 2014 cost of living survey us trade sanctions prevent mercer from conducting localpricing agent surveys. Vancouver tops quality of living ranking for north. For this reports purposes, tripolis prices are based on theseptember 2010 survey the nextmostrecent one, adjustedaccording to exchange rates between the libyan dinar lyd and. The figures for mercers cost of living and rental accommodation costs comparisons are derived from a survey conducted in march 2017. According to mercers 2015 cost of living survey, asian and european cities particularly hong kong 2, zurich 3, singapore 4, and geneva 5 top the list of most expensive cities for expatriates. Mercers 20 cost of living survey examined data from 214 cities worldwide, comparing a market basket of over 200 goods and services, including. Click for fullsize graphic tokyo is the worlds most expensive city for expatriates according to the latest research by mercer, knocking luanda in angola. Mercer cost of living survey worldwide rankings 2017 1 2 3 4 5 6 7 8 9 10 2 1 5 3 4 15 8 7 11 rank as of march 2017 2016 city luanda hong kong tokyo zurich. Comparative qualityofliving indices between a base city and a host city are available, as.
Mercers 23rd annual cost of living survey finds that factors like instability of housing markets and inflation for goods and services contribute to the overall cost of doing business in todays global environment. Thats what mercers latest cost of living survey finds. Pdf this paper aims to provide an assessment of urban quality of life qol of european. Turns out, the absolute most expensive city for expats is luanda the capital of angola, owing to the steep cost of imported goods and safe living quarters a. Individual reports are produced for each city surveyed. Hong kong leads region as kinshasa makes jump up the rankings in mercers 22nd annual cost of living survey. Yangon, the only myanmar city among the 207 that were surveyed, climbed 38 places from 66th overall in 2014 to 28th last year. Global world cost of living rankings 2014 20, cities. Zurich, auckland, and munich are in second, third, and fourth places respectively. Top 10 cities in mercers 2014 cost of living rankings. Another conclusion is that the regions where the capital city was found offered a better.
Asian cities dominate list of worlds most expensive. Some of the bestknown, and arguably most contentious rankings are qualityoflife indexes qlis, which focus on individual wellbeing within a given. The answer, according to mercers annual cost of living survey, might not be what you would expect. For tripoli, it was not possible to conduct an accurate costofliving survey in march 2012. These rankings indicate differences in cost of living factors affecting expatriates in popular assignment destinations. Mercer produces worldwide qualityofliving rankings annually from its most recent worldwide quality of living surveys. Western europe dominates the ranking, with luxembourg named as the safest city in the world. Mercer 2015 quality of living rankings living conditions in cities worldwide are analyzed according to 39 factors, grouped in 10 categories. Hong kong is the most expensive city globally, with four other asian cities in the global top 10. Cost of living rankings, published in july 2014, show the cost of living for expatriates in 211 cities worldwide, put dublin, the irish capital, at 51st up ten ranks compared with 20. Mercer l quality of living rankings 2016 mercer australia.
Calculate cost of living allowances for your expatriate assignees in over 370 locations using factual and objective price information. This year, mercer provides a separate ranking on personal safety. Mercers 2015 cost of living survey saw new zealand cities auckland and wellington both drop in the rankings, due to the depreciation of the local currency against the us dollar. The top 10 and bottom 10 cities are provided below for publishing. Dubai and abu dhabi have been ranked the most expensive cities to live in across the middle east, according to mercers 2016 cost of living survey. Political and social environment political stability, crime, law enforcement, etc.
The figures for mercers cost of living and rental accommodation costs comparisons are derived from a survey conducted in march 2016. Areas that experienced the lowest levels of satisfaction are accommodation costs, living costs, earning money and financial support, with positive responses as low as 49%5. Hong kong is now the secondmost expensive city worldwide for expatriates, according to mercers latest cost of living survey, after ceding the top spot to angolas capital luanda. The survey helps multinational companies and governments determine compensation allowances for employees on international assignments. New delhi, ranked 99, has moved into the top 100 category, chennai 5, bangalore 166 and followed by kolkata 184. Overall, european cities dominate the top of the ranking along with major cities in australia and new zealand. Mercers 2017 cost of living surveyendsnotes for editors. The mercer quality of living survey ranks 231 cities from vienna to baghdad on quality of life. Carefully chosen vendors reflect only those outlets where your expatriates can buy goods and. Because many complex and dynamic factors are involved in calculating an assignment pay package, these rankings should not be used as the basis for determining compensation.
Mercer is the leading provider of data on cost of living and housing for employees sent to work abroad. Countries with cities commonly ranked in the top 50 include austria, switzerland, germany, new zealand, canada, denmark, finland, australia, sweden and the united states. Vancouver 5 is north americas highest ranking city, and singapore is the highest ranking asian city, holding 26th place. Concept for composition of the regional quality of living index rqi. Tokyo is now the worlds most expensive city for expatriates, pushing luanda in angola down to second position. Asia in general is becoming one of the filed under. Various factors enter into a citys costofliving for expatriate employees, such as monetary value. Australian cities tumble in global cost of living rankings. List of most expensive cities for expatriate employees wikipedia. As part of the ongoing research, mercer produces these annual rankings of the cost of living in more than 200 of the most prevalent assignment destinations for expatriate employees. A key issue highlighted in the survey is the cost of living in australia. The top 50 rankings for quality of living and infrastructure can be found on mercers. Mercers 2017 cost of living survey finds asian and european cities particularly hong kong 2, tokyo 3, zurich 4, and singapore 5 top the list of most expensive cities for expatriates. Mercer 2015 cost of living city rankings access form.
Monocle most liveable cities index a livability index. Vancouver is the best place to live in north america, according to mercers latest quality of living rankings the west coast city placed fifth worldwide for the second year in a row. Vienna has the worlds best quality of living, according to the mercer 2015 quality of living rankings. New york, the base city for mercers cost of living ranking, is the most expensive city in the united states. Mercer releases 2019 quality of living rankings global benefits. Australian and new zealand cities have all dramatically dropped in this years cost of living rankings, primarily due to the movement of other cities.
Moreover, comparative qualityofliving indexes between a base city and host city are available, as are multiplecity comparisons. Find out which cities rank highest and lowest in cost of living for expatriates in 2018. Mercers 2017 quality of life rankings live, cost, better. Prices have been estimated based on publicly available information, historic mercer data, andor mercer economic research. Mercer all uk cities drop in cost of living survey.
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