Answer & Explanation
Luanda, the capital of Angola, has topped the list of most expensive cities for expatriates, according to Mercer’s 23rd annual Cost of Living Survey. Hong Kong has acquired 2nd position, followed by Tokyo, Zurich, Singapore, Seoul and Geneva. From India, Mumbai is the most expensive city for expatriates that has ranked 57th on the list, followed by New Delhi (99), Chennai (135), Bangalore (166) and Kolkata (184). The Mercer’s survey includes 209 cities across five continents. The world’s least expensive cities for expatriates, according to Mercer’s survey, are Tunis (209), Bishkek (208) and Skopje (206). Mercer’s authoritative survey is one of the world’s most comprehensive, and is designed to help multinational companies and governments determine compensation allowances for their expatriate employees.