Human resource company Mercer has released its study of the most expensive places to live. This is for expats, and not the locals. At the top of the list is Tokyo, which is usually close to that position. Luanda in Angola was the second most expensive. It is an irony that the a city in one of the world’s most developed nations should be next to one among the least well developed.
The world’s largest metropolitan areas where also near the top–Paris, New York, London, and Shanghai. Since so many multinational have operations in these cities and because they are such great centers of commerce, their presence on the list is no shock. Also not shocking is the city at the bottom of the list: Karachi in Pakistan. What expat would not reject the chance to move there?
Douglas A. McIntyre