The World’s 30 Most Expensive Cities For Expats

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South Sudan’s capital of Juba is now the most expensive city in the world for expat workers as years of political and civil unrest undermine the economy.

Although oil rich, the world’s newest country that was born in 2013, has been dogged by tribal rivalries that threaten to destabilise the government.

The capital is considered expensive as luxuries and every day goods desired by expats have to be jetted in and the local currency is rated as weak against the US dollar.

The story is similar in the world’s second most expensive expat city – Luanda, Angola.

Going through the regions, outside Africa the most expensive cities are:

  • North America – New York, USA. The city that never sleeps has risen19 places to 20th in the table on the back of the strengthening US dollar.
  • South America – Buenos Aires, Argentina, is 40th through government mismanagement of the peso, defaults on foreign debts and raging inflation
  • Europe – Zurich takes top spot here and third globally thanks to decoupling the Swiss Franc from the euro and seeing the value skyrocket. Many European cities have dropped down the table because of the weakening euro against the US dollar and Sterling
  • Middle East – Tel Aviv holds 24th place globally mainly due to Israel pegging the shekel to the US dollar.
  • Asia Pacific – Shanghai is the first Chinese city to head the region for expats. Although cheap goods are plentiful in China, the index compares international brands, which are either unavailable or pricier in the city.
    
Most Expensive Cities For Expats
RankingCityCountry2014 ranking
1JubaSouth Sudan9
2LuandaAngola3
3ZurichSwitzerland4
4GenevaSwitzerland5
5BernSwitzerland7
6BaselSwitzerland8
7KinshasaDemocratic Republic of the Congo19
8ShanghaiChina18
9BeijingChina20
10SeoulSouth Korea16
11OsloNorway2
12Hong KongHong Kong29
13StavangerNorway6
14GuangzhouChina34
15BusanSouth Korea35
16TokyoJapan11
17ConakryGuinea43
18ShenzhenChina47
19SingaporeSingapore31
20ManhattanUnited States of America39
21Port MoresbyPapua New Guinea57
22CopenhagenDenmark10
23UlsanSouth Korea49
24Tel AvivIsrael21
25JerusalemIsrael25
26DalianChina78
27LibrevilleGabon14
28YokohamaJapan24
29New YorkUnited States of America69
30HonoluluUnited States of America63
Source: ECA International

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