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Old 27.08.2015, 03:32
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Mercer report 2014 is out...

and the winner is: Lunda (Angola), most expensive city to live in.
Then Hong-Kong...and then Zurich and then Singapore and Geneva.
Way cool to have two cities in the top five...
And then comes Bern, as 9th.

http://www.theguardian.com/cities/20...expensive-city

https://www.imercer.com/content/cost-of-living.aspx

And it's only going to be "worse", given the strength of the CHF.

Guardian article shoes the Luanda Yacht-harbor with nice boats - and a homeless man sitting in front of what looks like a posh fashion store as photo for Paris...

Mercer video shows a Fondue - for Zurich...
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Old 27.08.2015, 11:30
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Re: Mercer report 2014 is out...

The survey is helpful to inexperienced people moving away from home, and doesn't really help people already settled.

The survey is skewed towards those countries where ex-pats are completely cheated. Quote: Luanda is a sub-Saharan country where millions get by on less than $2 a day, and which the World Bank rates as the seventh worst in the world for income equality.
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Old 27.08.2015, 11:57
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Re: Mercer report 2014 is out...

The expensive end seems to be split between:
  • Places where you basically have to build your own personal infrastructure, so it costs a fortune despite low inherent prices.
  • Places that have great infrastructure that you pay for through the high inherent prices.

So much also depends on lifestyle. Is London really cheaper than Zurich? You can eat out cheaper in London, but also much more expensive. Same for cultural stuff like cinema, shows etc.

London prices in these surveys tend to get depressed by poorer areas, where frankly nobody reading a Mercer report would live - Zurich doesn't have anything like as much of this, and the (slightly) cheaper lakeside towns aren't included.
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Old 27.08.2015, 12:12
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Re: Mercer report 2014 is out...

Quote:
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The survey is helpful to inexperienced people moving away from home, and doesn't really help people already settled.

The survey is skewed towards those countries where ex-pats are completely cheated. Quote: Luanda is a sub-Saharan country where millions get by on less than $2 a day, and which the World Bank rates as the seventh worst in the world for income equality.
Exactly - it's targetted for employers and assumes every expat will want goods and services "of international quality" in setting allowances. In reality, most long-term expats do expand their horizons and realise that local equivalents are just as suitable for much lower prices. If you're in HK and choose to visit chain "international" restaurants rather than the many incredible dim sum joints, some Michelin-starred, where you can buy everything on the menu for $30, you're doing something wrong
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