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Global Cost of Living Rank of 300 International Locations World Wide September 2010
Tokyo is the costliest city in the world in which to live of 300 global locations, surveyed in September 2010 by Xpatulator.com. While Tokyo is relatively cheap for items such as alcohol & tobacco (ranked 145), it is the most expensive for groceries and healthcare, and household accommodation costs. Tokyo has always been relatively expensive. This trend has strengthened again recently, as a result of the Japanese Yen having gained in value by about 18% against the United States Dollar in the past two years.
As the most expensive city in the world, Tokyo has an overall cost of living index of 155.4 (New York = 100), while Dubai (ranked 60 in the world) has a cost of living index of 88.84. Therefore Tokyo's cost of living is 75% higher than Dubai. That means that an expatriate earning USD$5,000 per month in Dubai would need to earn USD$8,750 per month in Tokyo to enable them to have the same purchasing power, and therefore a similar standard of living as they had in Dubai. The cost of living for an expatriate is affected by both the availability and prices, of goods and services representative of an expatriate lifestyle, local inflation, and the exchange rate between the home and host country. As a result the cost of living has a significant impact of an expatriate's salary package.
Caracas has moved up the rankings to become the second most expensive city to live in. Caracas is most expensive place in the world for furniture and appliances, recreation and culture as well as for hotels restaurants and meals out. Caracas is the second most expensive place for alcohol and tobacco, groceries, and healthcare.
Hong Kong is the third most expensive city in the world for expatriates to live in. The high overall cost of living rank for Hong Kong is primarily a result of two expensive basket groups. Hong Kong is the third most expensive city in the world for healthcare, and is the second most expensive city in the world for household accommodation, which typically comprises 30% of an expatriate's expenses. Hong Kong is a good example of why many international organizations compensate separately for healthcare as well as household related costs such as housing rental, water, electricity, household gas, household fuels, local rates and residential taxes. Items that are provided by the employer should be excluded from a cost of living index calculation. The cost of living index for Hong Kong excluding healthcare and household related costs is substantially lower than it's overall cost of living index of 128.9 (New York = 100).
Hong Kong is relatively cheap for recreation & culture (ranked 241 in the world), education (ranked 259 in the world), as well as furniture & appliances (ranked 268 in the world).
Osaka, ranked fourth, is a new addition to the rankings. Osaka is most expensive for household accommodation (ranked 3 in the world), healthcare (ranked 5 in the world) and groceries (ranked 6 in the world).
Sao Paulo, another new addition to the rankings, is the fifth most expensive city in the world. Sao Paulo is the most expensive place in the world for education, and is ranked second most expensive for clothing. The Brazilian Real has strengthened by 11% against the United States Dollar in the past year, although it is still weaker than it was two years ago. Sao Paulo is ranked in the top 55 most expensive cities in the world for each of the 13 basket groups.
Asia-Pacific has 4 of the 10 most expensive cities in the world. Tokyo is first and Hong Kong the third most expensive location in the world (and most expensive in greater China), whilst Osaka is the third most expensive city in Asia-Pacific (ranked 4 in the world), followed by Nagoya (ranked 6 in the world).
Cities in mainland China remain relatively cheap, mainly due to the pegging of the Chinese Yuan to the US Dollar which has kept costs down. Within mainland China, Shanghai (ranked 15 in the world), and Beijing (ranked 116 in the world) are the most expensive locations. The cheapest city surveyed in China is Tianjin (ranked 281 in the world) with a cost of living index of 60.34 (New York = 100). The cheapest city in Asia-Pacific is Nuku'Alofa in Tonga (ranked 299 in the world) with a cost of living index of 54.45 (New York = 100).
Most expensive cities in Asia-Pacific (Global rank in brackets)
1. Japan, Tokyo (1)
2. China, Hong Kong (3)
3. Japan, Osaka (4)
4. Japan, Nagoya (6)
5. Japan, Yokohama (11)
6. China, Shanghai (15)
7. Singapore (20)
8. Australia, Sydney (22)
9. Korea Republic of, Seoul (24)
10. Australia, Canberra (25)
South Asia is the least expensive region in the world for expatriates to live in. The most expensive city surveyed is Mumbai (ranked 94 in the world), followed by New Delhi (ranked 127 in the world), and Chennai (ranked 129 in the world). The Indian Rupee has weakened by 7% against the United States Dollar over the past two years. The cheapest city in South Asia is Thimphu in Bhutan (ranked 298 in the world).
Most expensive cities in South Asia (Global rank in brackets)
1. India, Mumbai (94)
2. India, New Delhi (127)
3. India, Chennai (129)
4. India, Calcutta (130)
5. Maldives, Male (135)
6. India, Hyderabad (142)
7. India, Bangalore (160)
8. Afghanistan, Kabul (194)
9. Bangladesh, Dhaka (263)
10. Pakistan, Lahore 276)
Europe's most expensive cities are those that are not on the Euro. The most expensive city in Europe is Geneva (ranked 8 in the world), while Zurich is Europe's third most expensive city (ranked 10 in the world), making Switzerland the most expensive country in Europe. The Swiss Franc has strengthened by 8% in the past year and by 16% over the past 2 years. Geneva is followed by Moscow (ranked 9 in the world), which had fallen in the cost of living rankings last year and shot back up to 6th most expensive city in Europe earlier this year. The Russian Rouble has strengthened 14% against the Euro in the past year.
Oslo is the fourth most expensive city in Europe (ranked 12 in the world), followed by Copenhagen (ranked 16 in the world). The cheapest city in Europe is Sarajevo in Bosnia and Herzegovina (ranked 292 in the world) with a cost of living index of 57.15 (New York = 100).
Most expensive cities in Europe (Global rank in brackets)
1. Switzerland, Geneva (8)
2. Russia, Moscow (9)
3. Switzerland, Zurich (10)
4. Norway, Oslo (12)
5. Denmark, Copenhagen (16)
6. Liechtenstein, Vaduz (17)
7. United Kingdom, London (23)
8. France, Paris (26)
9. Monaco, Monaco (29)
10. Jersey, Saint Helier (34)
The Middle East has experienced a drop in inflation in most cities over the past two years following a few years of relatively high inflation. The strong link of most regional currencies to the United States Dollar has resulted in many regional currencies strengthening against other major currencies. The United States Dollar has strengthened against the Euro by around 21% in the past two years making imports from Europe into the region cheaper.
Abu Dhabi (ranked 19 in the world) is the most expensive city in the Middle East, followed by Doha (ranked 28 in the world), and Bahrain (ranked 47 in the world). Dubai is the fourth most expensive city in the Middle East (ranked 60 in the world) with a cost of living index of 88.84 (New York = 100). Household accommodation, which comprises 30% of the 13 basket groups based on expatriate expenditure norms, has fallen dramatically in Dubai in the past year, as a result of over-supply, given the impact of the financial crises. The cheapest city surveyed in the Middle East (and cheapest in the world) is Sanaa in Yemen (ranked 300 in the world) with a cost of living index of 50.42, half that of New York which has a cost of living index of 100.
Most expensive cities in the Middle East (Global rank in brackets)
1. United Arab Emirates, Abu Dhabi (19)
2. Qatar, Doha (28)
3. Bahrain, Manama (47)
4. United Arab Emirates, Dubai (60)
5. Israel, Jerusalem (82)
6. Lebanon, Beirut (119)
7. Palestinian Territories, West Bank (141)
8. Syria, Damascus (146)
9. Iran, Tehran (158)
10. Kuwait, Kuwait City (163)
The Americas most expensive city is now Caracas, which is the world's second most expensive city to live in, largely as a result of the recent devaluation of the official exchange rate.
Brazil has 3 of the 4 most expensive cities in the Americas. New additions to the rankings, Sao Paulo (ranked 5 in the world), and Rio de Janeiro (ranked 7 in the world) are followed by Brasilia (ranked 13 in the world.
Nassau (ranked 18 in the world) is the fifth most expensive city, while New York (ranked 21 in the world) is the sixth most expensive city in the America's and most expensive in the United States of America. The cheapest city to live in the Americas is La Paz in Bolivia (ranked 294 in the world). The cheapest city surveyed in the United States of America is Indianapolis Ind (ranked 279 in the world).
Most expensive cities in the Americas (Global rank in brackets)
1. Venezuela, Caracas (2)
2. Brazil, Sao Paulo (5)
3. Brazil, Rio de Janeiro (7)
4. Brazil, Brasilia (13)
5. Bahamas, Nassau (18)
6. USA, New York NY (21)
7. Canada, Toronto (31)
8. Trinidad and Tobago, Port-of-Spain (32)
9. Bermuda, Hamilton (36)
10. Canada, Vancouver (42)
The full September 2010 list of all 300 international locations using all 13 basket groups is as follows:
September 2010 Rank Country, City
3 China, Hong Kong
4 Japan, Osaka
5 Brazil, Sao Paulo
6 Japan, Nagoya
7 Brazil, Rio de Janeiro
8 Switzerland, Geneva
9 Russia, Moscow
10 Switzerland, Zurich
11 Japan, Yokohama
12 Norway, Oslo
13 Brazil, Brasilia
14 Angola, Luanda
15 China, Shanghai
16 Denmark, Copenhagen
17 Liechtenstein, Vaduz
18 Bahamas, Nassau
19 United Arab Emirates, Abu Dhabi
20 Singapore, Singapore
21 USA, New York NY
22 Australia, Sydney
23 United Kingdom, London
24 Korea Republic of, Seoul
25 Australia, Canberra
26 France, Paris
27 Papua New Guinea, Port Moresby
28 Qatar, Doha
29 Monaco, Monaco
30 Vanuatu, Port Vila
31 Canada, Toronto
32 Trinidad and Tobago, Port-of-Spain
33 Nigeria, Lagos
34 Jersey, Saint Helier
35 Russia, St. Petersburg
36 Bermuda, Hamilton
37 Solomon Islands, Honiara
38 Taiwan, Taipei
39 Australia, Melbourne
40 Australia, Perth
41 Azerbaijan, Baku
42 Canada, Vancouver
43 Guernsey, St Peter Port
44 Austria, Vienna
45 Germany, Munich
46 Kiribati, South Tarawa
47 Bahrain, Manama
48 Isle of Man, Douglas
49 Italy, Milan
50 United Kingdom, Glasgow
51 Gabon, Libreville
52 Finland, Helsinki
53 Canada, Calgary
54 Falkland Islands, Stanley
55 Sudan, Khartoum
56 Germany, Frankfurt
57 Italy, Rome
58 Micronesia, Palikir
59 Congo Democratic Rep, Kinshasa
60 United Arab Emirates, Dubai
61 Cayman Islands, George Town
62 Chad, NDjamena
63 USA, San Francisco Calif
64 Saint Helena, Jamestown
65 Croatia, Zagreb
66 USA, Boston Mass
67 Germany, Cologne
68 Turkey, Istanbul
69 Canada, Montreal
70 United Kingdom, Birmingham
71 Belgium, Brussels
72 New Caledonia, Noumea
73 Mali, Bamako
74 Netherlands, Amsterdam
75 United Kingdom, Leeds
76 Slovakia, Bratislava
77 USA, Washington DC
78 Indonesia, Jakarta
79 San Marino, San Marino
80 Central African Republic, Bangui
81 Germany, Hamburg
82 Israel, Jerusalem
83 Australia, Brisbane
84 USA, San Jose Calif
85 Estonia, Tallinn
86 Ireland, Dublin
87 Luxembourg, Luxembourg
88 Kazakhstan, Almaty
89 Sierra Leone, Freetown
90 Iceland, Reykjavik
91 Sao Tome and Principe, Sao Tome
92 Germany, Berlin
93 Germany, Bonn
94 India, Mumbai
95 Jamaica, Kingston
96 Djibouti, Djibouti
97 United Kingdom, Belfast
98 Congo, Brazzaville
99 USA, Anchorage AK
100 USA, Philadelphia Pa
101 Uruguay, Montevideo
102 New Zealand, Auckland
103 Liberia, Monrovia
104 Canada, Ottawa
105 Spain, Madrid
106 France, Lyon
107 Colombia, Bogota
108 Barbados, Bridgetown
109 Sweden, Stockholm
110 Martinique, Fort-de-France
111 Czech Republic, Prague
112 Cameroon, Douala
113 Australia, Adelaide
114 Vatican City, Vatican City
115 Turkey, Ankara
116 China, Beijing
117 Puerto Rico, San Juan
118 Nauru, Yaren
119 Lebanon, Beirut
120 Zambia, Lusaka
121 USA, Los Angeles Calif
122 France, Marseille
123 Cameroon, Yaounde
124 Cook Islands, Avarua
125 Spain, Barcelona
126 Guam, Hagatna
127 India, New Delhi
128 Samoa, Apia
129 India, Chennai
130 India, Calcutta
131 Ghana, Accra
132 Marshall Islands, Majuro
133 Cote DIvoire, Abidjan
134 Greenland, Nuuk
135 Maldives, Male
136 Hungary, Budapest
137 Malawi, Lilongwe
138 Turkmenistan, Ashgabat
139 USA, San Diego Calif
140 Rwanda, Kigali
141 Palestinian Territories, West Bank
142 India, Hyderabad
143 USA, Chicago Ill
144 Chile, Santiago
145 USA, Portland Ore
146 Syria, Damascus
147 Malta, Velletta
148 Peru, Lima
149 Tuvalu, Funafuti
150 Namibia, Windhoek
151 USA, Baltimore Md
152 Ukraine, Kiev
153 South Africa, Johannesburg
154 Portugal, Lisbon
155 USA, Seattle Wash
156 Tanzania, Dar es Salaam
157 Guadeloupe, Basse-Terre
158 Iran, Tehran
159 Togo, Lome
160 India, Bangalore
161 USA, Miami Fla
162 Guinea, Conakry
163 Kuwait, Kuwait City
164 Senegal, Dakar
165 Guinea-Bissau, Bissau
166 Comores, Moroni
167 Timor-Leste, Dili
168 Brunei, Bandar Seri Begawan
169 Cape Verde, Praia
170 Philippines, Manila
171 Madagascar, Antananarivo
172 Burkina Faso, Ouagadougou
173 Thailand, Bangkok
174 Mexico, Mexico City
175 Saint Vincent and the Grenadines, Kingstown
176 Saudi Arabia, Riyadh
177 Andorra, Andorra la Vella
178 Greece, Athens
179 French Polynesia, Papeete
180 Guatemala, Guatemala City
181 Lithuania, Vilnius
182 Georgia Republic of, Tbilisi
183 Somalia, Mogadishu
184 USA, Phoenix Ariz
185 Honduras, Tegucigalpa
186 Montenegro, Podgorica
187 South Africa, Pretoria
188 Egypt, Cairo
189 Guyana, Georgetown
190 USA, Las Vegas Nev
191 South Africa, Cape Town
192 Poland, Warsaw
193 Armenia, Yerevan
194 Afghanistan, Kabul
195 Haiti, Port-au-Prince
196 Gibraltar, Gibraltar
197 Cuba, Havana
198 Cyprus, Nicosia
199 Jordan, Amman
200 Fiji, Suva
201 USA, Detroit Mich
202 Benin, Cotonou
203 USA, Denver Colo
204 Grenada, Saint Georges
205 Palau, Melekeok
206 Seychelles, Victoria
207 Panama, Panama City
208 South Africa, Durban
209 USA, Cleveland Ohio
210 Costa Rica, San Jose
211 Kenya, Nairobi
212 Belarus, Minsk
213 Saint Kitts and Nevis, Basseterre
214 USA, Atlanta GA
215 Malaysia, Kuala Lumpur
216 Northern Mariana Islands, Saipan
217 USA, Charlotte NC
218 Iraq, Baghdad
219 Algeria, Algiers
220 Dominica, Roseau
221 Oman, Muscat
222 USA, Jacksonville Fla
223 Gambia, Banjul
224 Antigua and Barbuda, Saint Johns
225 USA, Milwaukee Wis
226 Dominican Republic, Santo Domingo
227 Eritrea, Asmara
228 USA, Pittsburgh Penn
229 Botswana, Gaborone
230 Mozambique, Maputo
231 French Guiana, Cayenne
232 Serbia, Belgrade
233 Niger, Niamey
234 Slovenia, Ljubljana
235 USA, Tampa Fla
236 China, Wuhan
237 China, Shenzhen
238 Latvia, Riga
239 Saudi Arabia, Jeddah
240 USA, Dallas Tex
241 Vietnam, Hanoi
242 USA, Fort Worth Tex
243 Laos, Vientiane
244 USA, San Antonio Tex
245 Moldova, Chisinau
246 USA, Houston Tex
247 China, Dalian
248 Nicaragua, Managua
249 Burundi, Bujumbura
250 Belize, Belmopan
251 USA, Columbus Ohio
252 USA, St Louis MO
253 Mongolia, Ulaanbaatar
254 China, Macao
255 Romania, Bucharest
256 Equatorial Guinea, Malabo
257 USA, Austin Tex
258 Ethiopia, Addis Ababa
259 Macedonia, Skopje
260 El Salvador, San Salvador
261 Vietnam, Ho Chi Minh City
262 Mauritania, Nouakchott
263 Bangladesh, Dhaka
264 USA, El Paso Tex
265 Kyrgyzstan, Bishkek
266 Mauritius, Port Louis
267 Saint Lucia, Castries
268 USA, Memphis Tenn
269 Argentina, Buenos Aires
270 Paraguay, Asuncion
271 Kosovo, Pristina
272 Ecuador, Quito
273 Myanmar, Yangon
274 China, Guangzhou
275 Lesotho, Maseru
276 Pakistan, Lahore
277 Morocco, Rabat
278 Bulgaria, Sofia
279 USA, Indianapolis Ind
280 Swaziland, Mbabane
281 China, Tianjin
282 Zimbabwe, Harare
283 Pakistan, Islamabad
284 Nepal, Kathmandu
285 Suriname, Paramaribo
286 Albania, Tirana
287 Uzbekistan, Tashkent
288 Pakistan, Karachi
289 Uganda, Kampala
290 Korea Democratic Republic of, Pyongyang
291 Tajikistan, Dushanbe
292 Bosnia and Herzegovina, Sarajevo
293 Libya, Tripoli
294 Bolivia, La Paz
295 Cambodia, Phnom Penh
296 Sri Lanka, Colombo
297 Tunisia, Tunis
298 Bhutan, Thimphu
299 Tonga, NukuAlofa
300 Yemen, Sanaa
Notes:
Figures used in this report were taken from the Xpatulator.com cost of living database as at 1 September 2010. The ranks are based on the overall cost of living index using all 13 basket groups with New York as the base city (Cost of living index = 100).
About the Author
Steven Coleman is Chief Instigator at Xpatulator.com the most comprehensive global relocation calculator available, an internet service that is used primarily to calculate expatriate salary levels for global assignments, which can be found at Xpatulator.com
Detailed rankings for each of 13 Basket Groups can be found per location at http://www.xpatulator.com/outside.cfm?page=Locations
Biography, Mission, Vision ~ 1 of 2 ~ Dr. Myles Munroe




































































































