The Mercer Cost of Living Survey data is the most comprehensive in the world and is used by firms and governments to help determine remuneration for expats being relocated to cities across the world.
Luanda in Angola is the world's most expensive city for expatriates, while Tokyo is in second position, with Ndjamena in Chad in third place. Moscow is in fourth position followed by Geneva in fifth while Karachi is ranked as the world's least expensive city.
The survey covers 214 cities across five continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. All cities are compared against New York as the base city for the index. Currency movements are measured against the US dollar.
Now joining us live is Cathy Loose, Asia Pacific global mobility leader for Mercer's Information Product Solutions business, who is also in charge of the survey project.
