Hyderabad emerges as the city with the best quality of living. Vienna has earned mercers distinction as the city with the highest quality of living in europe and the world. Top 10 cities in mercers 2014 cost of living rankings. Countries with cities commonly ranked in the top 50 include austria, switzerland, germany, new zealand, canada, denmark, finland, australia, sweden and the united states. Please visit our covid19 resource page for employers for the latest updates on managing business continuity through this crisis. The survey helps multinational companies and governments determine compensation allowances for employees on international assignments. The costliest city, driven by cost of goods and security, is luanda 1, the capital of angola. Bishkek, kyrgyzstan, has the lowest expatriate cost of living. Jul 10, 2014 london now rated 12th most expensive city for expats this article is more than 5 years old birmingham, aberdeen, glasgow and belfast also shoot up the rankings thanks to a strong pound and surging. Although not typically recognized as wealthy cities compared to others, luanda in angola is the worlds most expensive city for the second year in a row followed by ndjamena, chad. Mercer all uk cities drop in cost of living survey.
Cost of living city ranking see how more than 200 cities compare for the cost of living as an international assignee, plus highlights from our research. List of most expensive cities for expatriate employees. It was based on internal stability, crime levels and law enforcement, among other factors. Mercers 2014 cost of living survey us trade sanctions prevent mercer from conducting localpricing agent surveys. The top 10 and bottom 10 cities are provided below for publishing. 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 currencies worldwide, explained ms. Political and social environment political stability, crime, law enforcement, etc. Jun 25, 2018 find out which cities rank highest and lowest in cost of living for expatriates in 2018. Chennai the capital of tamil nadu was declared the safest city in india and southeast asia with a global rank of 105, as per the mercers quality of living rankings 2019. Tokyo 2, singapore 3 and seoul 4 top the list, while the costliest city in the world for the second. Calculate cost of living allowances for your expatriate assignees in over 370 locations using factual and objective price information. Individual reports are produced for each city surveyed.
Munich is in fourth place, followed by vancouver, which is also the highestranking city in north america. New york is used as the base city, and all cities are compared against it. Vienna, zurich and auckland took the top three spots. 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 2018 cost of living ranking covers 209 prevalent destinations for. 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. Find out which cities rank highest and lowest in cost of living for expatriates in 2018. In addition to providing clean water, clean air, adequate food and shelter, a livable city must also generate a sense of community and offer hospitable settings for all, especially young people, to develop social skills, a sense of autonomy and identity. This is because of a combination of factors like superior infrastructure including road, power, traffic, metro, safety, good quality of education, easily available talent pool and ease of doing business. The cost of housing plays an important part in determining where cities are ranked. Mercer 2015 cost of living city rankings access form. Click for fullsize graphic tokyo is the worlds most expensive city for expatriates according to the latest research by mercer, knocking luanda in angola. View mercer s latest ranking of the most expensive assignment destinations for globally mobile employees mercer 2015 cost of living city rankings access form 2015 cost of living city rankings. The worlds most livable cities is an informal name given to any list of cities as they rank on an annual survey of living conditions. The mercer quality of living survey ranks 231 cities from vienna to baghdad on quality of life. Exchange rates from that time and mercers international basket of goods and services from its cost of living survey have been used as. In a global environment, employers have many choices about where to deploy their mobile employees and set up new business.
The figures for mercers cost of living and rental accommodation costs comparisons are derived from a survey conducted in march 2017. Yangon became considerably more expensive for expats last year, compared with other cities around the world, according to mercers annual cost of living survey. 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. According to mercers 23rd annual cost of living survey, mumbai 57 is indias most expensive city for expatriates, inching closer to break into the top 50 most expensive cities in the world.
Exchange rates from that time and mercers international basket of goods and services from its cost of living survey have been used as base measurements. Western europe dominates the ranking, with luxembourg named as the safest city in the world. Oct 29, 2019 the capital of telangana was adjudged the best city in the country for the fifth year in a row in the mercers quality of living rankings 2019. European cities generally dominated mercers 2014 quality of living rankings. Vienna has earned mercer s distinction as the city with the highest quality of living in europe and the world. New york, the base city for mercers cost of living ranking, is the most expensive city in the united states. Continued demand for mobility in the global workforce challenged by cost of expatriate packages vancouver remains canadas costliest city in mercers 22 nd annual cost of living survey. Vienna austria has been ranked first for ten consecutive years. Mercers 20 cost of living survey examined data from 214 cities worldwide, comparing a market basket of over 200 goods and services, including.
Dublin ranks 34th in mercers 19th quality of living ranking. Jun 26, 2018 australian and new zealand cities have all dramatically dropped in this years cost of living rankings, primarily due to the movement of other cities. In a rapidly changing world, mobility has become a core component of multinational organizations global talent strategy. Mercer s authoritative cost of living survey, one of the world s most comprehensive, is designed to help multinational companies and governments determine compensation allowances for their expatriate employees. The costliest city for the third consecutive year is luanda 1, the capital of angola. Currency movements are measured against the us dollar. 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. June 21, 2017 united states, new york mercers annual cost of living survey finds african, asian, and european cities dominate the list of most expensive locations for working abroad. New delhi, ranked 99, has moved into the top 100 category, chennai 5, bangalore 166 and followed by kolkata 184. Globally, vienna tops the ranking for the 10th year running, closely followed by zurich, the runnerup. Jul 28, 20 mercer s 20 cost of living survey examined data from 214 cities worldwide, comparing a market basket of over 200 goods and services, including unfurnished luxury twobedroom apartments or three.
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. Mercers 25th annual cost of living survey finds cities in. The ranking combines daytoday living expenditure on ten different categories such as rental accommodation, transportation. 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.
Prices have been estimated based on publicly available information, historic mercer data, andor mercer economic research. A citys quality of living can be an important variable for employers to consider. Jul 24, 20 new york, the base city for mercers cost of living ranking, is the most expensive city in the united states. Asian cities dominate list of worlds most expensive. The answer, according to mercers annual cost of living survey, might not be what you would expect.
Examining more than 200 goods and services, our surveys are conducted by professional researchers in each location. View ranking news and articles our knowledge center features timely articles on mobility issues and trends, interviews with experts in the field, and news about conditions around the world. Two main factors determine a citys ranking in mercers 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. Carefully chosen vendors reflect only those outlets where your expatriates can buy goods and. The figures for mercers cost of living and rental accommodation cost comparisons are derived from a survey conducted in march 2018. We ranked 207 cities worldwide based on a basket of goods and services frequently purchased by expatriates.
Mercer vienna tops mercers 19th quality of living ranking. Mercer 2015 quality of living rankings living conditions in cities worldwide are analyzed according to 39 factors, grouped in 10 categories. Jun 26, 2018 the figures for mercers cost of living and rental accommodation cost comparisons are derived from a survey conducted in march 2018. Mercers authoritative cost of living survey, one of the worlds most comprehensive, is designed to help multinational companies and governments determine compensation allowances for their expatriate employees. Click for fullsize graphic tokyo is the world s most expensive city for expatriates according to the latest research by mercer, knocking luanda in angola. Jun 17, 2015 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. Global world cost of living rankings 2014 20, cities. Comparative qualityofliving indices between a base city and a host city are available, as. The top 50 rankings for quality of living and infrastructure can be found on mercer s. Mercers 2017 cost of living surveyendsnotes for editors. Mercer cost of living survey worldwide rankings 2014 the mercer international basket, including rental accommodation costs rank as of march city country 2014 20 1 1 luanda angola 2 4 ndjamena chad 3 6 hong kong hong kong 4 5 singapore singapore 5 8 zurich switzerland 6 7 geneva switzerland 7 3 tokyo japan 8 9 bern switzerland.
Thats what mercers latest cost of living survey finds. This year, mercer provides a separate ranking on personal safety. 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. Mar 14, 2017 a citys quality of living can be an important variable for employers to consider. Jul 09, 2014 top 10 cities in mercer s 2014 cost of living rankings. New zealand cities fall dramatically in mercers cost of. Mercers 2019 cost of living survey finds that eight out of the top ten of the worlds most expensive cities for expatriates are asian cities, resulting from high costs for expatriate consumer goods and a dynamic housing market. Cost of living data for international assignments mercer. View mercers latest ranking of the most expensive assignment destinations for globally mobile employees mercer 2015 cost of living city rankings access form 2015 cost of living city rankings. Mercer produces worldwide qualityofliving rankings annually from its most recent worldwide quality of living surveys. Some of the bestknown, and arguably most contentious rankings are quality of life indexes qlis, which focus on individual wellbeing within a given. Exchange rates from that time and mercers international basket of goods and services have been used as base measurements.
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. Melbourne 58 and perth 61 followed, falling from 46 and 50 in 2018 respectively. Mercer is the leading provider of data on cost of living and housing for employees sent to work abroad. Mercers 2018 cost of living survey city of toronto. Toronto ranks 109 of 209 most expensive world city according to mercers 24th 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. Leaders in many cities want to understand the specific factors that affect their residents quality of living and address those issues that lower a citys overall qualityofliving ranking. Mercers 2017 quality of life rankings live, cost, better. The capital of telangana was adjudged the best city in the country for the fifth year in a row in the mercers quality of living rankings 2019. 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. These rankings indicate differences in cost of living factors affecting expatriates in popular assignment destinations. 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. 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. Because of the rapidly evolving, dramatic, and unprecedented changes in daily life happening worldwide due to the effects of the covid19 pandemic, mercers 2020 quality of living ranking will be delayed.
Tokyo is now the worlds most expensive city for expatriates, pushing luanda in angola down to second position. Jun 18, 2015 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 twobedroom apartmentll run you. Worldwide quality of living survey worldwide quality of. The top 50 rankings for quality of living and infrastructure can be found on mercers. London now rated 12th most expensive city for expats money. Cost of living comparisons 2016 select cities worldwide nb purchases at mediumpriced establishments mercer cost of living survey worldwide rankings 2016. Two african cities top the list of most expensive cities for expatriates according to mercers 2014 cost of living survey.
1396 942 1159 1597 438 781 1416 1025 318 885 664 659 157 921 136 603 600 1344 381 985 101 79 1130 254 291 1366 162 1295 232 699 28 967 778 940 1181 786