World's Most and Least Expensive Cities for Expats 2021

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World's Most and Least Expensive Cities for Expats 2021

Post by CEOCambodiaNews »

Cost of living for expats in a Covid-19 year, 2021*

Mercer's 2021 Cost of Living city ranking
Key insights
Ashgabat tops this year’s list of most expensive cities for international employees, followed by Hong Kong and Beirut. The Lebanese capital city climbed 42 positions in the ranking as a result of the political turmoil of the last few years. The COVID-19 pandemic and the Port of Beirut explosion have all amplified the economic effects, causing record-high inflation.

Compared to last year, Tokyo and Zurich each dropped one spot to fourth and fifth positions, respectively. Other cities in the top 10 of Mercer’s Cost of Living city ranking are Shangai (6), Singapore (7), Geneva (8), Beijing (9) and Bern (10). The world’s least expensive cities for international employees according to Mercer’s survey are Tbilisi (207), Lusaka (208) and Bishkek (209).

The COVID-19 crisis has accelerated changes in global mobility trends and practices, prompting companies to rethink their strategies for managing mobile workforces in the post-pandemic world. According to Mercer’s 2020 Worldwide International Assignment Policies and Practices survey, high costs remain among the main obstacles to mobility. Companies are looking for opportunities to replace traditional long-term assignments with alternative, less costly forms of mobility, such as one-way transfers, short-term assignments and internationally/locally hired foreigners. They’re also trying out virtual assignments.

Most and least expensive cities
Top 10 vs. bottom 10
Image
https://www.mercer.com/content/dam/merc ... mercer.jpg
*There are of course different results from different sources in this type of survey, so this is one of many.
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Phnom Penh Pal
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Re: World's Most and Least Expensive Cities for Expats 2021

Post by Phnom Penh Pal »

@CEOCambodiaNews The link attached is only to a jpg. so we can't see the list in its entirety. I bet Saigon is one of the least expensive. It's certainly cheaper than Brasilia - based on the practical cost of living anyway.
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