List of most expensive cities for expatriate employees

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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

Hong Kong
Ashgabat, Turkmenistan
Tokyo, Japan
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.

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Top ten locations surveyed (2023)[7]
Rank City Country or Region
1Hong Kong Hong Kong
2Singapore Singapore
3Zürich Switzerland
4Geneva
5Basel
6New York United States
7Bern Switzerland
8Tel Aviv Israel
9Copenhagen Denmark
10Nassau Bahamas
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Top ten locations surveyed (2022)[8]
Rank City Country or Region
1Hong Kong Hong Kong
2Zürich Switzerland
3Geneva
4Basel
5Bern
6Tel Aviv Israel
7New York United States
8Singapore Singapore
9Tokyo Japan
10Beijing China
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Top ten locations surveyed (2018)[13]
Rank City Country or Region
1Hong Kong Hong Kong
2Tokyo Japan
3Zürich Switzerland
4Singapore Singapore
5Seoul South Korea
6Luanda Angola
7Shanghai China
8N'Djamena Chad
9Beijing China
10Bern Switzerland
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ECA International

Zürich, Switzerland
Geneva, Switzerland
Basel, Switzerland
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.

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Top 20 cities surveyed (2020)[21]
Ranking City Country or Region
1Ashgabat Turkmenistan
2Zürich Switzerland
3Geneva
4Basel
5Bern
6Hong Kong Hong Kong
7Tokyo Japan
8Tel Aviv Israel
9Jerusalem
10Yokohama Japan
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Top 20 cities surveyed (2019)[22]
Ranking City Country or Region
1Ashgabat Turkmenistan
2Zürich Switzerland
3Geneva
4Hong Kong Hong Kong
5Basel Switzerland
6Bern
7Tokyo Japan
8Seoul South Korea
9Tel Aviv Israel
10Shanghai China
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Top 20 cities surveyed (2018)[23]
Ranking City Country or Region
1Ashgabat Turkmenistan
2Geneva Switzerland
3Zürich
4Basel
5Bern
6Hong Kong Hong Kong
7Seoul South Korea
8Tokyo Japan
9Oslo Norway
10Stavanger
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Top 20 cities surveyed (2017)[24]
Ranking City Country or Region
1Luanda Angola
2Hong Kong Hong Kong
3Zürich Switzerland
4Geneva
5Basel
6Bern
7Tokyo Japan
8Seoul South Korea
9Caracas Venezuela
10Khartoum Sudan
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See also

References

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