Mercer Human Resource Consulting conducts the Cost of Living Survey every six months. This helps companies asses costs for international assignments. Not only are the compensation allowances for expatriate employees affected, business travel expenses (hotels, meals, taxis) are also greatly affected by this.
The most expensive cities are:
- Moscow (replacing Tokyo)
- Seoul
- Tokyo
- Hong Kong
- London
- Osaka
- Geneva
- Copenhagen
- Zurich
- Oslo
In USA, New York tops the list.
In Canada, it's Toronto.
In Latin American, Sao Paulo and Rio de Janeiro are the most expensive.
To get the whole ranking, download it from this site.
Now, where are you off to next?!
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