International Cost of Living – October 2020

Hong Kong is the most expensive city for Expats in the world with an overall Cost of Living Index (COLI), for all 13 basket groups, of 139.14 (New York =100).

Hong_Kong Cost of Living

Singapore is the second most expensive city in the world for Expatriate’s to live, with an overall cot of living index of 138.52.

Singapore Cost of Living

A Cost of Living Index (COLI) is a numerical way of comparing cost of living, either over time, or by comparing the cost of living in different geographical locations. When comparing the cost of living between different locations the difference in the cost of living is expressed as an index by dividing the cost of living in Location A by the cost of living in Location B. The cost of living index indicates the difference in the cost of living between the two locations. In the graphics, the COLI for each location is the result of dividing each locations cost of living by the cost of living in New York NY (USA) using all 13 basket groups. New York therefore has a COLI of 100.

Khartoum in Sudan is the most expensive city for Expatriate’s to live, in the African region as at October 2020, with an overall cot of living index of 92.91.

Khartoum Cost of Living

Africa cost of living

San Francisco CA is the most expensive city for Expats in America with an overall Cost of Living Index (COLI), for all 13 basket groups, of 114.12.

San Francisco CA Cost of Living

America cost of living

Asia-Pacific cost of living

Monaco is the most expensive city in Europe for Expatriate’s to live with an overall Cost of Living Index (COLI), for all 13 basket groups, of 119.61.

Monaco Cost of Living

Europe cost of living

Jerusalem is the most expensive city for Expats in the Middle East with an overall Cost of Living Index (COLI), for all 13 basket groups, of 97.4.

Jerusalem Cost of Living

Middle East cost of living

The most expensive place in the world for each of the 13 baskets is as follows.

Alcohol and TobaccoDoha

ClothingSingapore

CommunicationAsmara

EducationSingapore

Furniture and AppliancesAshgabat

GroceriesSingapore

HealthcareAnchorage

Household AccommodationHong Kong

MiscellaneousSingapore

Personal CareManhattan

Recreation and CultureKhartoum

Restaurants, Meals Out and HotelsZurich

TransportCastries

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International Cost of Living – July 2020

Hong Kong is the most expensive city for Expats in the world as at July 2020, mainly due to extremely high housing costs (which counts for around 30% of the overall cost of living for most Expats), with limited space available making rentals high.

Hong_Kong Cost of Living

More on global city cost of living.

More on global country cost of living.

International_cost_of_living_comparison_july_2020

The latest international inflation data for every country in the world as reported in July 2020.

Kinshasa in the DRC is the most expensive city to live in the African region as at July 2020.

Africa Cost of Living History

New York (Manhattan) NY is the most expensive location in the Americas as at July 2020.

America Cost of Living History

Hong Kong is the most expensive city for Expats in Asia-Pacific as at July 2020.

Asia Pacific Cost of Living History

Zurich is Europe‘s most expensive city.

Europe Cost of Living History

Jerusalem in Israel is the most expensive place for expats in the Middle East as at July 2020.

Middle East Cost of Living History
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International Cost of Living – May 2020

The world has changed dramatically in the past few months and we will continue to experience rapid change in the months to come. Without a vaccine that works long-term, there is no return to “normal”. There is only life with coronavirus.

Hong Kong is the most expensive place as at May 2020 mainly due to the very high cost of housing and healthcare, followed by Singapore.

Most Expensive Countries – States in 2020. The list includes all countries, including US States for comparative purposes with the cost of living rank (1 most expensive: 265 cheapest).

The top 10 most expensive cities in the world for an Expat as at April 2020 are as follows:

International City Cost of Living. Top 400 City Rankings using the overall cost of living index of all 13 cost of living baskets (1 most expensive: 400 cheapest).

Latest International Inflation Rates.

Personal Income Tax Rates Worldwide.

International Hardship / Quality of Living Premium Locations

 

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What is the most expensive country in the world for Expatriates in 2020?

Zimbabwe is the most expensive country for Expatriates to live in due to the current economic crisis. Hong Kong is the second most expensive country due to the very high cost of housing and healthcare. Singapore is the third most expensive country. Singapore’s education system, which is widely regarded as the best in the world, is also the most expensive for expatriates when priced in US Dollars.

https://www.xpatulator.com/cost-of-living-article/The-Most-Expensive-Countries-in-the-World-for-Expatriate-Professional-Migrants_717.cfm

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Asia Pacific Expat Cost of Living Comparison 2020

Asia Pacific has 3 cities in the top 10 most expensive cities in the world. The Cost of Living Index (COLI) for cities in Asia Pacific is the result of dividing each locations cost of living by the cost of living in New York NY (USA) using all 13 basket groups. New York therefore has a COLI of 100 for global comparison purposes.

https://www.xpatulator.com/cost-of-living-article/Asia-Pacific-Expat-Cost-of-Living-Comparison_709.cfm

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What is most expensive city in America in 2020?

San Francisco CA is the most expensive location in the Americas as at January 2020. American countries and cities are extremely diverse ranging from the most developed, wealthy and technologically advanced, through to some of the poorest and least developed in the world, with a corresponding wide range in local cost of living.

https://www.xpatulator.com/cost-of-living-article/America-Expat-Cost-of-Living-Comparison_710.cfm

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Africa Expat Cost of Living Comparison 2020

The top 10 most expensive cities in Africa for an Expat as at January 2020. Overall African countries are some of the poorest and least developed in the world, with relatively low local cost of living expenses; however the cost of importing and transporting the international standard of goods that expatriates expect to purchase in the cities in this region makes it extremely expensive to maintain the lifestyle that they are used to.

https://www.xpatulator.com/cost-of-living-article/Africa-Expat-Cost-of-Living-Comparison_711.cfm

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What is most expensive city in Africa in 2020?

Prices are out of control. Wage purchasing power has plummeted due to food and fuel prices soaring. Foreign currency shortages have got even worse than before. Inflation is now over 500%…….it is now the most expensive city in Africa and the world in 2020.

https://www.xpatulator.com/cost-of-living-article/Africa-Expat-Cost-of-Living-Comparison_711.cfm

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What is most expensive city in Asia Pacific in 2020?

The most expensive city in Asia-Pacific as at January 2020 is mainly so costly for Expats due to extremely high housing costs, as well as the high cost of schooling and limited space available making rentals high. However, when you exclude costs related to housing, education, medical and transport, this city falls out of the top ten city rankings for Asia Pacific…

https://www.xpatulator.com/cost-of-living-article/Asia-Pacific-Expat-Cost-of-Living-Comparison_709.cfm

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What is the most expensive city in the world in 2020?

For decades Zimbabwe’s policies have destroyed the economy and the livelihoods of Zimbabweans, including hyperinflation that eventually led the country to ditch its worthless sovereign currency in favour of the United States dollar. In June 2019 year the government stopped the use of US dollars in local transactions. This change was in order to prepare for a next-generation Zimbabwean dollar. The impact has been severe, with prices out of control. Wage purchasing power has plummeted due to food and fuel prices soaring. Foreign currency shortages have got even worse than before. The inflation rate (CPI) hit 480.7% in November 2019. As a result there is increasing unrest, marches and protests as people battle to survive the crisis. As at January 2020 Harare has become the most expensive city to live in due the current economic crisis.

https://www.xpatulator.com/cost-of-living-article/International-City-Cost-of-Living-for-Expatriate-Professional-Migrants_716.cfm

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