Thursday, September 1, 2011

The world's most expensive big cities in 2011, World's most expencive city to live in, Top 50 most Expensive Cities 2010, 2011

These are lists of the world's most expensive cities, according to the Mercer Human Resource Consulting, Economist Intelligence Unit and ECA International cost-of-living surveys. Other surveys from online collaborative indices, such as Numbeo or Expatistan are not covered by this article.

Various factors enter into a city's cost-of-living for expatriate employees, such as monetary value, consumer confidence, investment, interest rates, exchange rates of the country's currency, and housing costs. This list does not account for cost-of-living savings accrued to local citizens through government-subsidized housing, health care, and education, differences in taxation, and many other factors irrelevant to expatriates. Cost of living may be much higher for expatriates than for local residents in a developing country, especially if expatriates expect a standard of living similar to a developed country.

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