Search results
Results from the WOW.Com Content Network
These are lists of the world's most expensive cities for expatriate employees (not residents), according to the Mercer, [1] ECA International [2] and Xpatulator.com [3] cost-of-living surveys. Other surveys from online collaborative indices, such as Numbeo, [4] Expatistan, [5] or Eardex [6] are not covered by this article.
The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries.
The list has been created based on the Worldwide Cost of Living data set. The data set comprises 400 individual prices of 160 products and services across 130 cities in 90 countries. Data set was created covering a wide range of products including food and beverage to household supplies, personal care items to clothing.
Two finance hubs in Asia have topped Mercer’s 2024 Cost of Living report, which lists the world’s most expensive cities for expatriates.
2. Switzerland. Cost-of-living index: 114.2 Local purchasing power: 118.7 Switzerland has one of the highest costs of living in the world. Rent is only $1,633.64 but worldwide income tax can run ...
Austin is the first U.S. city to pop up on the 2024 mid-year quality of life index. Dallas trails not too far behind at No. 28. Other Texas cities mentioned are San Antonio at No. 44 and Houston ...
The survey incorporates easy-to-understand comparative cost of living indices between cities. The survey allows city-to-city comparisons, but for the purpose of this report all cities are compared to a base city of New York City, which has an index set at 100. The survey has been carried out for more than 30 years.
Cost of living: 2.3% more expensive than national average Employment in the Philadelphia-Camden-Wilmington area grew by 2.39% from 2020 to 2021, rising from 3.02 million employees to 3.09 million.