Angola's Capital, Luanda, Overtakes Hong Kong as World’s Most Expensive City
The Angolan capital Luanda has knocked Hong Kong off the top spot in an annual survey by Mercer Consulting that ranks the cost of living f...
https://newshelmng.blogspot.com/2017/06/angolas-capital-luanda-overtakes-hong.html
The Angolan capital Luanda has knocked Hong Kong off the top spot in an
annual survey by Mercer Consulting that ranks the cost of living for
expatriate workers in world cities.
The survey found the cost of renting a two-bedroom apartment suitable for expatriates in Luanda was £4,800 ($6,055) per month, while a fast food hamburger meal priced at £11.50.
It was the second time in three years that Luanda topped the survey, which compares the costs of housing, transport and clothing in 209 cities.
In ranking of African countries, Luanda is followed by Victoria in the Seychelles (14th), N’Djamena in Chad (16th), and Kinshasa in the Democratic Republic of the Congo (18th).
Lagos, the commercial capital of Nigeria, is ranked 29th and not among the top five African cities that are very expensive.
See top 10 below:
World’s 10 most expensive cities
1. Luanda, Angola
2. Hong Kong, Hong Kong
3. Tokyo, Japan
4. Zurich, Switzerland
5. Singapore, Singapore
6. Seoul, South Korea
7. Geneva, Switzerland
8. Shanghai, China
9. New York City, US
10. Bern, Switzerland
The survey found the cost of renting a two-bedroom apartment suitable for expatriates in Luanda was £4,800 ($6,055) per month, while a fast food hamburger meal priced at £11.50.
It was the second time in three years that Luanda topped the survey, which compares the costs of housing, transport and clothing in 209 cities.
In ranking of African countries, Luanda is followed by Victoria in the Seychelles (14th), N’Djamena in Chad (16th), and Kinshasa in the Democratic Republic of the Congo (18th).
Lagos, the commercial capital of Nigeria, is ranked 29th and not among the top five African cities that are very expensive.
See top 10 below:
World’s 10 most expensive cities
1. Luanda, Angola
2. Hong Kong, Hong Kong
3. Tokyo, Japan
4. Zurich, Switzerland
5. Singapore, Singapore
6. Seoul, South Korea
7. Geneva, Switzerland
8. Shanghai, China
9. New York City, US
10. Bern, Switzerland
