New zealand cities fall dramatically in mercers cost of. The survey helps multinational companies and governments determine compensation allowances for employees on international assignments. Moreover, comparative qualityofliving indexes between a base city and host city are available, as are multiplecity comparisons. 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.
Sydney was the highest ranking local city at 29, down from 24 in 2017. The top 10 and bottom 10 cities are provided below for publishing. Monocle most liveable cities index a livability index. 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. The figures for mercers cost of living and rental accommodation costs comparisons are derived from a survey conducted in march 2017. Yangon, the only myanmar city among the 207 that were surveyed, climbed 38 places from 66th overall in 2014 to 28th last year. Mercer produces worldwide qualityofliving rankings annually from its worldwide quality of living surveys. Comparative qualityofliving indices between a base city and a host city are available, as.
Mercers 20 cost of living survey examined data from 214 cities worldwide, comparing a market basket of over 200 goods and services, including. Some of the bestknown, and arguably most contentious rankings are qualityoflife indexes qlis, which focus on individual wellbeing within a given. 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. Vienna austria has been ranked first for ten consecutive years. Mercers 2017 cost of living surveyendsnotes for editors. Zurich, auckland, and munich are in second, third, and fourth places respectively. The ranking combines daytoday living expenditure on ten different categories such as rental accommodation, transportation. Globally, vienna tops the ranking for the 10th year running, closely followed by zurich, the runnerup. Mercer is the leading provider of data on cost of living and housing for employees sent to work abroad. The figures for mercers cost of living and rental accommodation costs comparisons are derived from a survey conducted in march 2016. Tokyo is now the worlds most expensive city for expatriates, pushing luanda in angola down to second position. Mercers quality of living survey includes a personal safety ranking based on internal stability, crime levels, performance of local law enforcement, and the.
Global world cost of living rankings 2014 20, cities. Thats what mercers latest cost of living survey finds. The costliest city for the third consecutive year is luanda 1, the capital of angola. Vancouver tops quality of living ranking for north. 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.
Mercer releases 2019 quality of living rankings global benefits. This year, mercer provides a separate ranking on personal safety. 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. Top 10 cities in mercers 2014 cost of living rankings.
Mercer l quality of living rankings 2016 mercer australia. Areas that experienced the lowest levels of satisfaction are accommodation costs, living costs, earning money and financial support, with positive responses as low as 49%5. A key issue highlighted in the survey is the cost of living in australia. For tripoli, it was not possible to conduct an accurate costofliving survey in march 2012. Hong kong leads region as kinshasa makes jump up the rankings in mercers 22nd annual cost of living survey. Western europe dominates the ranking, with luxembourg named as the safest city in the world. Mercer 2015 cost of living city rankings access form. The answer, according to mercers annual cost of living survey, might not be what you would expect.
Mercer 2015 quality of living rankings living conditions in cities worldwide are analyzed according to 39 factors, grouped in 10 categories. What links here related changes upload file special pages permanent link. 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. Two main factors determine a citys ranking in mercers survey the relative strength of the. Carefully chosen vendors reflect only those outlets where your expatriates can buy goods and. The cities ranking based on the composite indicator of qol is then com. Examining more than 200 goods and services, our surveys are conducted by professional researchers in each location. 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. Mercers annual ranking of the quality of living for expatriate employees in prevalent assignment locations around the world.
The mercer quality of living survey ranks 231 cities from vienna to baghdad on quality of life. 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. New delhi, ranked 99, has moved into the top 100 category, chennai 5, bangalore 166 and followed by kolkata 184. Mercer announces 2012 cost of living survey results. Each report includes the citytocity index comparison, spendable income table which shows spending patterns in the home location, home country housing. Click for fullsize graphic tokyo is the worlds most expensive city for expatriates according to the latest research by mercer, knocking luanda in angola. Find out which cities rank highest and lowest in cost of living for expatriates in 2018. The costliest city, driven by cost of goods and security, is luanda 1, the capital of angola. Australian and new zealand cities have all dramatically dropped in this years cost of living rankings, primarily due to the movement of other cities. 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. Prices have been estimated based on publicly available information, historic mercer data, andor mercer economic research. Australian cities tumble in global cost of living rankings. Overall, european cities dominate the top of the ranking along with major cities in australia and new zealand. Mercers 2017 quality of life rankings live, cost, better.
Another conclusion is that the regions where the capital city was found offered a better. Australian student accommodation market update 2015. 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. Mercers annual ranking of the cost of living for expatriate employees in prevalent assignment locations around the world. Mercers 2018 cost of living ranking covers 209 prevalent destinations for. 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. Vancouver is the best place to live in north america, according to mercers latest quality of living rankings the west coast city placed fifth worldwide for the second year in a row.
New york, the base city for mercers cost of living ranking, is the most expensive city in the united states. Cost of living comparisons 2016 select cities worldwide nb purchases at mediumpriced establishments mercer cost of living survey worldwide rankings 2016. Asia in general is becoming one of the filed under. Mercer cost of living survey worldwide rankings 2017 1 2 3 4 5 6 7 8 9 10 2 1 5 3 4 15 8 7 11 rank as of march 2017 2016 city luanda hong kong tokyo zurich. Mercer produces worldwide qualityofliving rankings annually from its most recent worldwide quality of living surveys. Hong kong is the most expensive city globally, with four other asian cities in the global top 10. Mercer all uk cities drop in cost of living survey.
Various factors enter into a citys costofliving for expatriate employees, such as monetary value. Vienna has the worlds best quality of living, according to the mercer 2015 quality of living rankings. The top 50 rankings for quality of living and infrastructure can be found on mercers. Exchange rates from that time and mercers international basket of goods and services have been used as base measurements. Concept for composition of the regional quality of living index rqi. Mercers 2015 cost of living survey saw new zealand cities auckland and wellington both drop in the rankings, due to the depreciation of the local currency against the us dollar. Asian cities dominate list of worlds most expensive. Pdf this paper aims to provide an assessment of urban quality of life qol of european. These rankings indicate differences in cost of living factors affecting expatriates in popular assignment destinations. Vancouver 5 is north americas highest ranking city, and singapore is the highest ranking asian city, holding 26th place. Mercers 2014 cost of living survey us trade sanctions prevent mercer from conducting localpricing agent surveys. Auckland 61, new zealands most expensive city for expatriates. Individual reports are produced for each city surveyed.
Countries with cities commonly ranked in the top 50 include austria, switzerland, germany, new zealand, canada, denmark, finland, australia, sweden and the united states. 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. List of most expensive cities for expatriate employees wikipedia. Calculate cost of living allowances for your expatriate assignees in over 370 locations using factual and objective price information. For this reports purposes, tripolis prices are based on theseptember 2010 survey the nextmostrecent one, adjustedaccording to exchange rates between the libyan dinar lyd and.