Cost of Living international ratings first April 2009
International cost of living rankings are the result of a comparison of the cost of foreign personnel budget, with local prices for the same amount in the same goods and services in each country defines the world. <
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Our results indicate that contribute content, the impact of various global economic trends that affect every country, in one way or another, to the rapid changes in the major cost of living in the country in the world. Changes in the relative costs of living are important and have occurred in a relatively short time. The reason for this is because so many economic crises occur simultaneously. 2008, the bursting of the housing bubble by the failure of a number of global funds / asset management, insurance and banking giant was followed. Some were liquidated or taken over, others were rescued with public money. In 2009 we saw the continued decline in home prices, which many believe are not yet complete. Stock prices and indices levels not seen for a decade or more ago. The trend of inflation has declined and interest rates still low in developed markets and developing countries. We are also a volatility of exchange rates with a number visible from major economies, their currencies weaken significantly last year. The economic impact continues to spread worldwide. We are witnessing a truly global recession with reduced demand for the production of inputs and outputs as well as reduced energy demand and major job losses.
This study of 276 locations worldwide, all countries in the world. The study includes the cost of several hundred articles, which give her salary for expatriates is usually in groups of 13 basketball grouped. Results from 1 April 2009 with the previous results of the 1 December 2008 compared. The index of New York as the basis (New York = 100). An index of 100 means the cost of living higher than New York, an index below 100 means that the cost of living is lower in New York.
Geneva has a cost of living to 110, for example. This means that on average goods and services, from 0 to New York to Geneva costs cost of 0 Each city is ranked on the basis of their total cost of living index that includes the cost of all groups basket.
An index increases or decreases the cost of living, used depending on the price of local goods and services in the study and the exchange rate. Normally, a country with a currency that has appreciated against other currencies (stronger currency), and has a relatively high local inflation (fast / strong price increases), the experience is usually an increase in the cost of living compared to other countries. On the other hand, a country with a currency against the currencies of the other (weak dollar) has fallen and a relatively low local inflation is generally a decrease in the cost of living compared to other countries. It is important to note that we talked about change. Take London as another example. Only in December 2008, London has consistently ranked 6 in the rankings of the most expensive for expatriates to live worldwide. In April 2009 he was the 23rd most expensive place in the world for expatriates. This does not mean that the cost of living for expatriates has decreased living in London. What this means is that compared to other places in the world, London more expensive than last year. The company’s cost of living in London makes relatively lower than it was primarily due to the rising cost of living in another place with the lowest British Pound.
These changes have important implications for expatriate employees. An expatriate working in a high cost of living – countries with strong currencies such as Hong Kong where the Hong Kong dollar to the dollar of the United States illustrates this point well bound. The high cost of living, it is difficult to record because of the higher local prices, is households (including housing services) at all, very expensive. However, expatriates and working in Hong Kong is now likely to send money home looks much the increased purchasing power at home. Last year the Hong Kong dollar 15% against the Malaysian ringgit and 30% of the Indonesian rupiah and Australian dollar.
Top 10 most expensive cities for expatriates to live
Tokyo has received live their status as most expensive city in the world for expatriates. The cost of living in Tokyo has risen from 126 in December 2008 to 143 on first April 2009 and the yen strengthened against the U.S. dollar. At the other end of the scale Harare has maintained its status as the least expensive city in the world and is ranked 276 with an index of only 17 and a currency which is still in free fall. Tokyo ranked first in the supermarket to the household (including accommodation services) for health expenditure, 2 and 2.
Hong Kong is now second set of No. 33 in December 2008 rose ranks. Its index of the cost of living has increased 103 to 121 and is number 1 for household spending and the second for the health. It is interesting to note that Hong Kong is cheap in all categories. He is the 202nd on alcohol and tobacco, 226 for recreation and culture, education ranks for the 227, 247 and for furniture and household appliances.
Lagos is the third most expensive city for expatriates in the world after 11 Rank. It is first for food and expenses for furniture and equipment, 6 Health, and 18 restaurants, hotels and outdoor dining space.
Caracas has made significant concessions in the ranking at the fourth, the 32th ranked only was in December 2008. He is 1 for spending on education, health 5th and 6 Space for the expenditure of households (including accommodation Services).
Port Moresby in Papua New Guinea is the fifth most expensive city for imported products because of the foreigners most goods and services from Australia. Port Moresby is in the 6th Space for recreation and culture, 7 for communication and health care, and 8 for the most expensive clothes.
Geneva has been reduced slightly to 6 to 4th place in December 2008. It is the third most expensive for transportation, 11 for Arts and Culture, 15 in health care, and 20 for apparel.
Dubai has set the top 10 most expensive cities in the world for expatriates for the first time live. Dubai is now in 7th place, mainly from 34th by December 2008. Its index of the cost of living has increased 103-109 since December 2008. He is the first to a dinner and spend Restaurants Hotel, 6 for clothing, 11 for health care, and 16 classified for food. Dubai is currently ranked fourth in spending by private households (including accommodation services), but the evidence is that this news will fall significantly next quarter, when he was hit relatively hard in the field of property to rent with falling property prices.
Doha progress in the world rankings faster than any other city. In December 2008, Doha became the 45th ranked most expensive city for expatriates, it is now eight. The overall development cost of living index rose 101-109, like that of Dubai. It ranks second to go eat for restaurants and hotel expenses, 3 for clothing, 7 for household expenditure (including housing services), 8 for food and for recreation and culture, and 10 for health.
Denmark has improved slightly in the ninth Place the most expensive in the world fell for expatriates, was at number 3 in December 2008. It is the third most expensive for food, 5 Transportation and 15 furniture and appliances.
Bermuda Hamilton completed the top 10 Mobile 26 December despite the total cost of the index is 108th Hamilton is the fourth most expensive for education and health, 10 for personal care, 11 for household expenditure (including housing services), and 15 for food.
The total cost of living overall Xpatulator to 1 April 2009 is as follows:
rank location
1 Japan, Tokyo
2 China, Hong Kong
3 Nigeria, Lagos
4 Venezuela, Caracas
5 Papua New Guinea, Port Moresby
6 Switzerland, Geneva
7 United Arab Emirates, Dubai
8 Qatar, Doha
9 Denmark, Copenhagen
10 Bermuda, Hamilton
11 Angola, Luanda
12 Switzerland, Zurich
13 Russia, Moscow
14 Solomon Islands, Honiara
15 Cameroon, Douala
16 Chad, N’Djamena
17 Taiwan, Taipei
18 Liechtenstein, Vaduz
19 United States of America, New York />
20 New Caledonia, Noumea
21 Greenland, Nuuk
22 in Ireland, Dublin
23 United Kingdom, London
24 France, Paris
25 Norway, Oslo
26 Italy, Milan
27 San Marino, San Marino
28. United States, San Francisco, California
29 Monaco, Monaco
30 Austria, Vienna
31 Bahamas, Nassau
32 central Republic, Bangui
33 Nauru Yaren
34 United States,
Boston Massachusetts
35 Finland, Helsinki
36 Italy, Rome
37 Kazakhstan, Almaty
38 Ivory Coast, Abidjan
39 Bahrain, Manama
40 Micronesia, Palikir
41 Isle of Man, Douglas
42 Haiti,
Port-au-Prince
USA 43, San Jose California
44 Cameroon, Yaounde
45 Djibouti, Djibouti
46 Palau,
Melekeok
47 Guinea-Bissau, Bissau
48 Azerbaijan, Baku
49 Benin, Cotonou
50 Slovakia, Bratislava
51 Belgium, Brussels
52 Netherlands, Amsterdam
53 Sao Tome and Principe, Sao Tome
54 St. Helier Jersey
55 Mali, Bamako
56 Gabon, Libreville
57 United Arab Emirates, Abu Dhabi
58 Croatia, Zagreb
59 Singapore, Singapore
60 Ghana, Accra
61 in Spain, Madrid
62 Ukraine, Kiev
USA 63, Philadelphia Pa
64 Cayman Islands, George Town
65 Sierra Leone, Freetown
66 Germany, Berlin
67 Prague, Czech Republic
USA 68, San Diego California
69 Jordan, Amman
70 Trinidad and Tobago, Port of Spain
USA 71, Los Angeles, California
72 states, Washington DC
73 Estonia, Tallinn
U.S. 74 in Baltimore Md
75 Falkland Islands, Stanley
76 Saudi Arabia, Riyadh
77 St Peter Port Guernsey
78 Comoros, Moroni
79 Sudan, Khartoum
80 Germany Bonn
81 Vatican City, Vatican City
82 Canada, Toronto
83 Timor-Leste, Dili
84 Hungary, Budapest
85 U.S., Seattle />
86 in Brazil, Brasilia
87 Lebanon, Beirut
USA 88, Miami Fla
89 Vanuatu, Port Vila
1990 Luxembourg, Luxembourg
91 in Jamaica, Kingston
92 Australia, Sydney
93 Kuwait, Kuwait City
1994 Moldova, Chisinau
Congo Democratic Rep. 95, Kinshasa
96 Germany, Frankfurt
1997 Tuvalu, Funafuti
98 Iceland, Reykjavík
1999 Barbados, Bridgetown
100 Portugal, Lisbon
101 Mozambique, Maputo
102 Senegal, Dakar
103 Canada, Vancouver
104 Niger, Niamey
105 in China, Beijing
106 Ethiopia, Addis Ababa
107 Turkey, Ankara
108 Togo, Lomé
109 Equatorial Guinea, Malabo
110 Martinique,
Fort-de-France
111 Armenia, Yerevan
112 U.S., Chicago Ill
113 Liberia, Monrovia
114 Gibraltar, Gibraltar
115 in Sweden, Stockholm
116 from Somalia, Mogadishu
117 />
118 of Israel, Jerusalem
119 Malta,
Velletta
120 Puerto Rico, San Juan
121 Canada, Calgary
122 Rwanda, Kigali
123 Guam, Hagatna
124 Burkina Faso, Ouagadougou
125 in Zambia, Lusaka
126 Andorra, Andorra la Vella
127 Cyprus, Nicosia
128 U.S., Las Vegas />
129 Samoa, Apia
130 St. Helena, Jamestown
131 Tanzania, Dar es Salaam
132 Greece, Athens
133 Poland, Warsaw
134 Maldives, Male
135 Malawi, Lilongwe
136 in Thailand, Bangkok
137 in Indonesia, Jakarta
138 U.S., Jacksonville Florida
139 Antigua and Barbuda, St. John’s
140 Gambia, Banjul
141 Great Britain, Glasgow
142, Vilnius
143 Belarus, Minsk
144 U.S.
Dallas Tex
145 Australia, Canberra
146 India, Mumbai
147 Australia, Melbourne
148 U.S.
Denver Colo
149 Algeria, Algiers
150 Republic of Georgia, Tbilisi
151 Honduras, Tegucigalpa
USA 152, Atlanta GA
153 U.S.
Cleveland Ohio
154 Canada, Montreal
USA 155, Milwaukee />
156 Congo, Brazzaville
157 Guinea, Conakry
158 St. Kitts and Nevis, St. Kitts
159 U.S., Detroit />
160 Panama, Panama City
161 Latvia, Riga
162 Uganda, Kampala
163 Republic of Korea, Seoul
USA 164, Charlotte />
165 Marshall Islands, Majuro
166 Australia, Perth
USA 167, Phoenix Arizona
168 U.S., Columbus Ohio
169 U.S., Austin Tex
170 Madagascar, Antananarivo
171 U.S., Tampa Florida
172 United Kingdom, Birmingham
173 Afghanistan, Kabul
174 Grenada, St. George’s
175 Vietnam Hanoi
USA 176, Indianapolis Indiana
USA 177 St., />
178 St. Vincent and the Grenadines, Kingstown
179 Peru, Lima
180 in Syria, Damascus
USA 181, Fort Worth />
Slovenia 182, Ljubljana
183 of Mauritania, Nouakchott
USA 184, El Paso Tex
185 Philippines, Manila
186 China, Shanghai
187 U.S.
Memphis Tennessee
USA 188, Pittsburgh />
189 Belize, Belmopan
190 India, New Delhi
191 Romania, Bucharest
192 Guatemala, Guatemala City
193 Iran, Tehran
194 Cape Verde, Praia
195 India, Chennai
196 U.S.
Houston Tex
197, Ottawa
198 Costa Rica, San Jose
199 Dominica, Roseau
200 Nicaragua, Managua
201 Guyana Georgetown
202 Dominican Republic, Santo Domingo
203 Bulgaria, Sofia
204 Suriname, Paramaribo
205 Cuba, Havana
206 Oman, Muscat
207 India, Calcutta
208 of Mongolia, Ulan Bator
209 Tajikistan Dushanbe
210 India, Hyderabad
211 Burundi, Bujumbura
USA 212, San Antonio Tex
213 Myanmar, Yangon
214 Uruguay, Montevideo
215 Paraguay, Asuncion
216 Albania, Tirana
217 Brunei, Bandar Seri Begawan
218 Mauritius, Port Louis
219 Fiji, Suva
220 Egypt, Cairo
221 Australia, Brisbane
222 El Salvador, San Salvador
223 Democratic People’s Republic of Korea, Pyongyang
224 Laos, Vientiane
225 in Mexico, Mexico City
226 Morocco, Rabat
227 India, Bangalore
228 St. Lucia, Castries
229 new Zealand, Auckland
230 Kiribati, South />
231 Kosovo, Pristina
232 Kenya, Nairobi
233 Serbia, Belgrade
234 Bangladesh, Dhaka
235 Pakistan, Lahore
236 Bolivia, La Paz
237 Colombia, Bogota
238 Botswana, Gaborone
239 Sri Lanka, Colombo
240 Pakistan, Islamabad
241 Turkmenistan, Ashgabat
242 Kyrgyzstan, Bishkek
243 Macedonia, Skopje
244 Pakistan, Karachi
245 Australia, Adelaide
246-Montenegro, Podgorica
247 Chile, Santiago
248 Malaysia, Kuala Lumpur
249 China, Macao
250 Eritrea, Asmara
251 Iraq, Baghdad
252 Argentina, Buenos />
253 Bosnia-Herzegovina, Sarajevo
254 Uzbekistan, Tashkent
255 Ecuador, Quito
256 Nepal, Kathmandu
257 Tunisia Tunis
258 Yemen Sanaa
259 Bhutan, Thimphu
260 South Africa, Johannesburg
261 China, Shenzhen
262 Tonga, Nuku’alofa
263 China, Dalian
264 South Africa, Pretoria
265 Lesotho, Maseru
266 China, Wuhan
267 Namibia, Windhoek
268 Libya, Tripoli
269 South Africa, Cape Town
270 China, Guangzhou
271 Seychelles, Victoria
272 South Africa, Durban
273 Cambodia, Phnom Penh
274 Swaziland, Mbabane
275 China, Tianjin
276 Zimbabwe, Harare
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