(LUXEMBOURG) – Beirut is the ninth most expensive city in the world for expats, according to a new report published by the Eurocost International Survey in Luxembourg.
The report measures the cost of living for expats, including rental costs, living conditions and school fees. According to the rankings, Tokyo is the most expensive place in the world for expats.
The study is based on prices collected in June 2016 and updated with August 2016 exchange rates; it compares expat living costs in major locations worldwide, including housing costs.
During the last two years, exchange rates have regularly fluctuated and no less than four cities have occupied the top spot in the world’s ranking of the most expensive location for expats: Moscow, Luanda, Hong Kong and now Tokyo, back to the spot it had occupied until 2012.
In the Middle East, Doha, Dubai and Abu Dhabi were listed as “expensive cities” too, but not as costly as Beirut.
- Tokyo is the most expensive city in the world again
- Top cities are subject to exchange rate fluctuations
- London is always more affordable for expats
The most expensive cities worldwide – 2016
- Hong Kong
- New York, NY
- San Francisco, CA
- Honolulu, HI
- Abu Dhabi
- Tel Aviv
- Washington, DC