Most Expensive Expatriate Cities: Vienna Moves Up to 54th Place Overall in the Index

Published: July 22, 2016; 17:00 · (FriedlNews)

For the 22nd year running, global HR consulting firm Mercer has published its annual Cost of Living Ranking that lists the costliest and cheapest destinations for expatriates. Asia hosts five of the world’s 10 most expensive cities for expatriates. Hong Kong is once again the world’s most expensive city for expatriates. Vienna moves up to 54th place from 56th place overall in the index. 209 countries have been surveyed. See the full index below.

Vienna moves up to 54th place overall in the Index / Picture: © Wien Tourismus

Asia dominates the top 5 of our 2016 Cost of Living Rankings, with Hong Kong in the No. 1 spot this year, pushing Luanda to 2nd.

Currency fluctuations, cost inflation for goods and services, and instability of accommodation prices contribute to the cost of expatriate packages for employees on international assignments out of the 209 countries surveyed.

 

 

2016 versus 2015 Ranking: