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Tokyo–World’s Most Expensive City

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…

By Douglas A. McIntyre
Published June 12, 2012, 6:09am ET · 1 min read

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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

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Douglas A. McIntyre

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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