The latest available inflation rate for all countries world wide (as available in October 2017):
Afghanistan 4.5% (Aug 2017).
Albania 25.18% (Sept 2017).
Algeria 1.4% (2012 est).
Angola 24.2% (Sept 2017).
Anguilla 1% (Sept 2017).
Antigua and Barbuda 1.8% (Sept 2017).
Argentina 6.12% (Sept 2017).
Armenia 2.01% (Sept 2017).
Aruba 0.7% (Aug 2017).
Australia 3.1% (Aug 2017).
Austria 1.7% (Apr 2017).
Azerbaijan 5.45% (June 2017).
Bahamas 3.25% (Aug 2017).
Bahrain 2.54% (Sept 2017).
Bangladesh 2.54% (Sept 2017).
Barbados 2.54% (Sept 2017).
Belarus -0.1% (Aug 2017).
Belgium 2.1% (Sept 2017)….
Luanda is the most expensive city to live in the African region, and world-wide as at October 2017. The extremely costly safe expatriate accommodation, imported produce and costly international private schooling are among the main factors that have kept Launda at the top of the rankings in Africa. A rented house in a guarded community (recommended due to the threat of violent crime) can cost between US$8 000 and US$12 000 per month, international private schooling up to US$40 000 a year and the requirement for either a 4×4 to navigate the roads (which are being improved) or for a driver can be costly.
Bangui in the Central African Republic is the second most expensive city in Africa. The economy of the CAR is dominated by the cultivation and sale of food crops.
Freetown in Sierra Leone is the third most expensive city in Africa. Freetown is particularly expensive for international education and recreation.
Cairo in Egypt is the cheapest African city.
Luanda is the most expensive city in the world for an expatriate professional migrant to live in as at October 2017, followed by Hong Kong and Singapore. The top ten most expensive cities in the world comprise one from Africa (Luanda (1)), three from Asia-Pacific (Hong Kong (2); Singapore (3); Tokyo (8)), four from Europe (Zurich (4); Geneva (5); Oslo(7); Monaco (10)), and two from America (Hamilton (6); Manhattan NY (9)).
This October 2017 survey by Xpatulator.com is based on expatriate professional migrant spending focusing on “international” brands and premium service providers such as up-market medical practices, international schools, and exclusive, secure accommodation.
The top ten most expensive countries in the world as at October 2017 comprise two from Africa (Angola) (1); Ghana (10), three from Europe (Norway (2); Switzerland (3)); Denmark (6)), four from America (Bermuda (4); Cayman Islands (5); Barbados (7); Bahamas (8), and one from Asia Pacific (Japan) (9).
Zurich and Geneva are ranked as the first and second most expensive expat cities in Europe and the 4th and 5th most expensive cities in the world for expatriates as at July 2017. This is due primarily to the strong Swiss Franc as well as due to high rentals and institutionalized high wages.
Xpatulator.com provides international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators such as the cost of living index, cost of living allowance and expat salary calculators.
Hong Kong is the overall most expensive ciy in Asia-Pacific and is the second most expensive city in the world (after Luanda) as at July 2017, mainly due to extremely high housing costs, as well as high cost of schooling and limited space available making rentals high.
Singapore remains the second most expensive city in the Asia-Pacific region for expatriates (3rd most expensive in the world) and tops the region rankings when costs related to housing, education, medical and transport are excluded.
Tokyo is the third most expensive city in Asia-Pacific, and 7th globally. Japanese locations have moved up in the rankings with 6 cities in the Asia-Pacfic top 10 most expensive places.
Hamilton in Bermuda is the most expensive location in the Americas as at July 2017, in 6th place globally; this is due to the high price of property and the fact that most items have to be transported to Bermuda adding a great deal to the cost of expatriate items.
New York (Manhattan) NY is the second most expensive location in the Americas, the most expensive city in the USA in 9th place worldwide, this is mainly due to the highly priced rental property market. Overall locations across the United States have dropped in the rankings in 2017 due to the weaker US Dollar after climbing during 2015 and 2016 as a result of the strong US Dollar.
The second most expensive city in the USA is San Jose CA ranked 3rd in the region and 12th in the world. In comparison the highest ranked city in Canada is Toronto, ranked 60th most expensive in the world in 2017.