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10 most expensive cities in the world

most expensive places expats luanda

Monthly rent (luxury apt.): $6,500

International newspaper: $5.42

Cup of coffee: $3.88

Gas (per liter): $0.63

Oil has brought this southern African country vast riches, but high taxes and internal strife keep prices extremely high.

For Americans who come to work here, everything can cost top dollar. A pair of blue jeans will cost an average $204, according to consulting firm Mercer's annual survey.

Such sky-high prices have created a big chasm between the haves and have-nots, with 40.5% of the population living in poverty according to the Central Intelligence Agency (CIA.)

One thing that is relatively cheap here: gas, at an average of 63 cents a liter. But you'll still pay a high price to take a taxi.


Source: Mercer Cost of Living Survey 2013, conducted in 214 cities to help international companies assess the costs of relocating employees abroad. It looks at the cost in U.S. dollars of over 200 everyday items, such as monthly rent for a luxury, 2-bedroom unfurnished apartment, a movie ticket for an international release, a fast-food hamburger meal, and more. All cities are compared to New York City and currency movements are based against the U.S. dollar.
Monthly rent based on luxury, two bedroom apartments (with the exception of N'Djamena, Chad)

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Guest Thursday, 20 November 2014