Business [List] Top 9 Most Expensive Cities in The World



According to Mercer’s 21st annual Cost of Living Survey, the most expensive city in the world is in Africa.

Luanda (Credit: Google)

1. Luanda, Angola
2. Hong Kong, China
3. Zurich, Switzerland
4. Singapore, Malaysia
5. Geneva, Switzerland
6. Shanghai, China
7. Beijing, China
8. Seoul, South Korea
9. Bern, Switzerland

Mercer used New York as the base city for the survey, and all cities are compared against it. Currency movements are measured against the US dollar.

The survey includes 207 cities across five continents and measures the comparative cost of more than 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment.

Source: Ventures Africa