Tokyo Overtakes Luanda as Most Expensive City For Expats

Earlier this year, we saw a report that Luanda (in Angola) was the most expensive city for expats. However, a new survey has Tokyo topping the list:

The analysis uses New York as a base city and measures the comparative prices of more than 200 items in each location, such as transport, clothing, food, household goods and entertainment. Housing costs, which are also included, are critical in the ranking as they are often the biggest expense for expatriates.

A pair of blue jeans costs $174 in Luanda while expats in Moscow pay about $9.60 for an international newspaper, Mercer said. In Tokyo, a cup of coffee runs about $8.15 and the monthly rent on a luxury two-bedroom unfurnished apartment is $4,766.

I pay $1.61 for a cup of coffee every morning, so compared to a cup that costs $8.15 in Tokyo, I’m happy where I am…

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