Saturday, July 12, 2014

Most Expensive Cities in the US and the World

Two African cities top the list of most expensive cities for expatriates according to Mercer’s 2014 Cost of Living Survey. Although not typically recognized as wealthy cities compared to others, Luanda in Angola is the world’s most expensive city for the second year in a row followed by N’Djamena, Chad. European and Asian cities also continue to dominate as the costliest cities with Hong Kong in third place, followed by Singapore. Zurch jumped three places to rank fifth, followed by Geneva in sixth. Tokyo dropped four spots to rank seventh.

Other cities appearing in the top 10 of Mercer’s costliest cities for expatriates are Bern, Moscow, and Shanghai.

According to Mercer, the Top Ten most expensive US Cities to live in are:

1. New York City

2. Los Angeles, CA

3. San Francisco, CA

4. White Plains, NY

5. Chicago, IL

6. Washington, D.C.

7. Honolulu, HI

8. Miami, FL

9. Boston, MA

10. Dallas, TX

The least expensive US cities to live in are:

1. Winston Salem, NC

2. Cleveland, OH

3. Portland, OR

4. Pittsburgh, PA

5. St. Louis, MO

6. Detroit, MI

7. Minneapolis, MN

8. Seattle, WA

9. Atlanta, GA

10. Morristown, NJ

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