The World Is Getting Cheaper (For the US)

A strong dollar has delivered a relative rise in the cost of living for US cities in a year marked by price and currency volatility according to The Economist Intelligence Unit's latest Worldwide Cost of Living survey. The ranking, which compares the price of a weighted basket of goods across 133 cities, saw the 16 US cities surveyed climb up the ranking by an average of 18 places with New York and Los Angeles featuring among the ten most expensive cities for the first time since 2002.

African, European And Asian Cities Dominate The Top 10 Most Expensive Locations For Expatriates

Although more European cities dominate the world’s top costliest locations for expatriates, according to Mercer’s latest Cost of Living Survey, several cities in Asia are among the top 10 while Luanda holds the number one position. Mercer's 2013 Cost of Living Survey is one of the world’s most comprehensive, and is designed to help multinational companies and governments determine compensation allowances for their expatriate employees.

Before You Leave!

Do you want to subscribe?!

To our email news letter? Its free of charge and delivered most days. Click here now to subscribe