Luanda, Angola, has for the last few years consistently been in the top five most expensive cities to live in for expatriates. In the latest 2017 ECA International Survey, Luanda is now the most expensive city in the world for expatriates to live in. Second to Luanda is Khartoum, Sudan, in Northern Africa.
According to the ECA International Production Manager, Steven Kilfedder, the rise in the rankings by Luanda is due to the high cost of goods typically purchased by international assignees in Luanda. These costs are already high due to poor infrastructure and high oil-fuelled demand but their costs are being pushed higher by an overvalued local currency with a very unstable black market for kwanza.
Zurich, Geneva and Basel are the 3rd, 4th and 5th most expensive cities in the world for expatriates to live in.
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