African city of Luanda most expensive for expats

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What Are the Most Expensive Cities for Expats?

On Wednesday, consulting firm Mercer released its annual "Cost of Living" survey — a list of which cities are most expensive to live in for ex-pats, also know as people who live in a different country than where they were born.

Luanda, the capital of Angola, which has topped the list for the past three years, came in at number one yet again.

Using New York City and the U.S. dollar as a base city, Mercer determined that even while Luanda is a relatively cheap city, the cost of imported goods and safe living conditions are both very expensive for expats.

Asian and European cities dominated the ten most expensive cities. Hong Kong, Zurich and Singapore all ranked in the top five for the second year in a row.

N'Djamena, the capital Chad and its largest city, managed to move down to number 10. It was ranked as the second most expensive city on the 2014 list.

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Cost of living city rankings 2015
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African city of Luanda most expensive for expats

10. N'Djamena, Chad

(Photo by Marco Di Lauro/Getty Images)

9. Bern, Switzerland

(Photo via Getty Images)

8. Seoul, South Korea

(Photo via Getty Images)

7. Beijing, China

(Photo via Getty Images)

6. Shanghai, China

(Photo via Getty Images)

5. Geneva, Switzerland

(AP Photo/Keystone, Gaetan Bally)

4. Singapore, Singapore

(Photo via Getty Images)

3. Zurich, Switzerland

(Photo via Getty Images)

2. Hong Kong, Hong Kong

(Photo via Getty Images)

1. Luanda, Angola

(Photo by Stephane de Sakutin via AFP/Getty Images)

10. Tbilisi, Georgia

(Photo by Vano Shlamov via AFP/Getty Images)

9. Managua, Nicaragua

(AP Photo/Esteban Felix)

8. Cape Town, South Africa

(Photo via Getty Images)

7. Minsk, Belarus

(Photo via PA)

6. Banjul, Gambia

(AP Photo/Jason Florio)

5. Skopje, Macedonia

(Photo by Robert Atanasovski via AFP/Getty Images)

4. Tunis, Tunisia

(Photo by Fadel Senna via AFP/Getty Images)

3. Karachi, Pakistan

(Photo by Asif Hassan via AFP/Getty Images)

2. Windhoek, Namibia

(Photo by Frances M. Ginter/Getty Images)

1. Bishkek, Kyrgyzstan

(Photo by Vyacheslav Oseledko via AFP/Getty Images)

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Mercer notes the Americas had a steep uptick in prices as well. Specially, the U.S., which Mercer attributes to the rising strength of the U.S. dollar.

As the U.S. dollar has gotten stronger, the Euro has gotten weaker, which pushed many European cities down the rankings this year.

You can check out the rest of Mercer's list at its website.



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