If you're thinking of leaving the country to live abroad, you'd be better off avoiding these cities. Towards the middle of the year, the consulting firm Mercer released a list of the top ten most and least expensive cities in the world for 2011, basing it on the cost of living in these cities. It isn't really surprising to find Tokyo and Singapore on this list, though there are others that are quite surprising--Luanda (the capital of Angola) topped the list. Imagine paying over $20 just for a sandwich!
On the other hand, Mercer also released a list of the top ten least expensive cities in the world for 2011, though I'll be reserving the list for another blog entry.
So, what are the most expensive cities in the world? Here they are (prices of items/commodities are estimates):
1. Luanda, Angola
Cost of movie ticket: $22
Cost of two-bedroom apartment (unfurnished): $7000
2. Tokyo, Japan
Cost of subway ticket: $3.91
Cost of fast food meal (Big Mac): $4.17
3. N'Djamena, Chad
Price of apartment (furnished): $525
Price of apples (1 kg): $11
4. Moscow, Russia
Price of movie ticket: $9.05
Price of 3-bedroom apartment (rent): $3,570
5. Geneva, Switzerland
Price of bottled water: $2.92
Price of pack of cigarettes: $7.32
6. Osaka, Japan
Price of fast food meal: $10.49
Price of gasoline (per liter): $1.73
7. Zurich, Switzerland
Price of subway ticket: $4.53
Price of movie ticket: $19.17
8. Singapore, Singapore
Price of Cappuccino (regular): $4.14
Price of eggs (1 dozen): $2.06
9. Hong Kong, China
Price of one pair of jeans (Levi's): $111.09
Price of oranges (1 kg): $2.82
10. Sao Paulo, Brazil
Price of subway ticket: $1.72
Price of cheese (1 kg): $9.12
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