Luanda in Angola is the most expensive city in the world for expatriates as at July 2018 followed by Singapore and Hong Kong.
Jerusalem in Israel is the most expensive city for expats in the Middle East as at July 2018, followed by Doha in Qatar.
Oslo has overtaken Zurich to become Europe’s most expensive and the world’s 4th most expensive city, while Zurich has dropped to 2nd most expensive expat city in Europe and the 5th most expensive city in the world for expatriates as at July 2018.
Singapore has overtaken Hong Kong to become the most expensive city in the Asia-Pacific region for expatriates (2nd most expensive in the world) as at July 2018.
Hong Kong is the now 2nd most expensive city in Asia-Pacific and 3rd most expensive city in the world.
Tokyo is the 3rd most expensive city in Asia-Pacific, and 7th globally. Japanese locations have remained high in the rankings with 5 cities in the Asia-Pacific top 10 most expensive places.
Hamilton, Bermuda is the most expensive location in the Americas as at July 2018, in 8th place globally, while Manhattan, New York is the second most expensive location in the Americas, the most expensive city in the USA in 11th place worldwide.
The 2nd most expensive city in the USA is San Jose, California ranked 3rd in the region and 14th in the world.
Luanda is the most expensive city to live in the African region, and world-wide as at July 2018 followed by Bangui in the Central African Republic, 2nd most expensive city in Africa, and 9th most expensive in the world.
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.
Angola is the most expensive country in the world for expatriate professional migrants mainly because almost all international standard goods and services have to be imported, as a result there are price premiums due to demand constantly exceeding supply.
Norway has long been very expensive and interestingly is the only oil-producing country with high gas prices. High levels of taxation are applied to convince Norwegians to keep their cars at home and use public transportation instead. Almost everything in Norway is expensive compared to other countries.
The top ten most expensive countries in the world as at July 2018 comprise two from Africa Angola (1); Central African Republic (7), three from Europe Norway (2); Switzerland (3); Denmark (5), four from America Bermuda (4); Cayman Islands (6); Montserrat (9); Bahamas (10), and one from Asia Pacific Japan(8).