The
23rd Cost of Living Survey carried out by Mercer, the world’s largest human
resource consulting firm, found that African, Asian, and European cities dominated
the 2017 list of most expensive locations for working abroad.
According to the survey, Lagos ranked 13th
while Abuja ranked 20th in 2016.
The capital city of Angola, Luanda, however,
ranked first globally moving up from second place and taking over from Hong
Kong as the world’s most expensive city.
The survey attributed cost of goods and
security as factors that determined the cost of living in Luanda.
Other African cities that ranked high reflected
high living costs and prices of goods for expatriate employees.
They include Victoria, Seychelles in the 14th
position, N’djamena, Chad in the 16th position and Kinshasa, Democratic
Republic of Congo ranked 18th.
The least expensive African cities include
Gaborone, Botswana in the 196th position; Cape Town, South Africa ranking 199th
and Blantyre, Malawi ranking 205th.
Windhoek, Namibia ranked 206 while Tunis,
Tunisia ranked 209 and was found to be the least expensive country globally.
In
Europe, three cities remained in the top 10 list of most expensive cities for
expatriates, which included Zurich, Geneva and Bern which ranked fourth,
seventh and 10th respectively.
Moscow ranked 14th and London ranked 30th
position and the German cities of Munich, Frankfurt and Berlin dropped
significantly ranking 98, 117 and 120 respectively.
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