Cost of Living Rankings with All Baskets for April 2012


The most expensive place to live in April 2012 is Tokyo based on the overall cost of living, encompassing all cost of living baskets. Zurich is the most expensive based on the cost of living excluding the housing, education, healthcare and transport baskets. Many companies cover these costs on behalf of the employee while on international assignments.

The latest international cost of living rankings are based on data collected during the past 3 months for 780 international locations, covering every country world-wide.
The cost of living (COL) data collected is representative of an expatriate lifestyle. The components of the COL data are local prices for fixed quantities of the same goods and services in each location, local inflation and exchange rates. Prices in each location are affected by availability (i.e. supply & demand) as well as local pricing regulations and taxes on goods and services (e.g.premiums on luxury brands). Local inflation is usually representative of local price increases which in turn impacts an expatriates purchasing power in the host country. The exchange rate impacts both the price of imports to the host country and the expatriate assignment salary calculation between the home and host country. The cost of living has a significant impact on the purchasing power of an expatriate’s salary package.
As the overall most expensive place to live, Tokyo has an overall cost of living index of 151.23, followed by Hong Kong with 145.93, and Zurich with 134.72. The overall index is comprised of 13 different basket groups. The assumption using the overall index is that everything is paid from the salary package. In addition, the cost of living calculations are weighted according to typical monthly international expatriate spending patterns. The Household Accommodation Basket for example, has a weighting of 30%, while the Groceries Basket has a weighting of 16.5%. That means that an international expatriate who, for example, earns 10,000 would typically spend 3,000 (30% of 10,000) on housing and 1,650 on groceries.
Of the top 50 most expensive destinations to live based on the overall cost of living, Asia-Pacific has 28 locations, Europe 12, the Americas 8, and Africa 2. The most expensive city in the Middle East is Abu Dhabi ranked 72, while in South Asia it is Mumbai ranked 366.
The top 50 Most expensive locations to live – Overall Cost of Living & All Baskets:
  1. Japan, Tokyo
  2. China, Hong Kong
  3. Switzerland, Zurich
  4. Switzerland, Geneva
  5. Japan, Yokohama
  6. Switzerland, All Areas
  7. Australia, Sydney
  8. Japan, Osaka
  9. Venezuela, Caracas
  10. Australia, Canberra
  11. Japan, Nagoya
  12. Japan, Kobe
  13. Brazil, Sao Paulo
  14. Japan, Kyoto
  15. Japan, Kawasaki
  16. Australia, Perth
  17. Australia, Melbourne
  18. China, Shanghai
  19. Singapore, Singapore
  20. Norway, Oslo
  21. Venezuela, All Areas
  22. Liechtenstein, Vaduz
  23. Brazil, Rio de Janeiro
  24. Japan, Fukuoka
  25. United Kingdom, London
  26. Norway, All Areas
  27. Angola, Luanda
  28. Russia, Moscow
  29. USA, New York (Manhattan) NY
  30. Liechtenstein, All Areas
  31. Australia, Brisbane
  32. Japan, All Areas
  33. Denmark, Copenhagen
  34. Japan, Sapporo
  35. New Zealand, Wellington
  36. Angola, All Areas
  37. USA, New York (Brooklyn) NY
  38. New Zealand, Auckland
  39. Denmark, All Areas
  40. Papua New Guinea, Port Moresby
  41. Brazil, Brasilia
  42. Korea Republic of, Seoul
  43. Australia, Adelaide
  44. Korea Republic of, Daegu
  45. Korea Republic of, Incheon
  46. Australia, All Areas
  47. USA, Honolulu HI
  48. Taiwan, Taipei
  49. Korea Republic of, Busan
  50. Monaco, Monaco is the most comprehensive source of international cost of living index information.
Premium Content Calculators:
The SPPP report calculates how much you need to earn in another location to compensate for a higher cost of living, hardship, and the exchange rate, in order to have the same relative spending power and as a result have a similar standard of living as you have in your current location. Each new SPPP report uses 1 credit ($99). Recommended for a detailed comparison of 2 locations.
The COLA report calculates how much additional allowance (over and above your current salary) you need to earn in another location to compensate for a higher cost of living, hardship and the exchange rate, in order to have the same relative spending power and as a result have a similar standard of living as you have in your current location. Each new COLA report uses 1 credit ($99). Recommended for calculation of a cost of living allowance for short-term assignments.
The COLI report calculates cost of living indexes for the host locations you select, using the home location you specify. You can choose from any one of the 13 baskets or you can choose the overall cost of living index. Each new COLI report uses 1 credit ($99) allowing you to choose 1 home location and up to all available host locations.Recommended for the calculation of 3 or more cost of living indexes using your choice of base city.
1 credit costs $99. Register, buy credits online and you can run the premium content calculators and receive your reports online within minutes.

About Xpatulator is a website that provides international cost of living information and calculators that can help you determine cost of living indexes, cost of living allowances, salary purchasing power and international assignment packages to compensate for cost of living, hardship, and exchange rate differences.
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