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    Home»LGBTQ Travel»A New Survey Ranks The Most Expensive Cities For Expats
    LGBTQ Travel

    A New Survey Ranks The Most Expensive Cities For Expats

    Lauren MulveyBy Lauren MulveyJuly 24, 20242 Mins Read
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    One of the most attractive aspects of moving abroad is the potential to save money on daily living costs. All around the world, expats are enjoying affordable rent, groceries, goods and services, but there are a few places where you’ll have to pay more if you want to live there.

    According to Mercer’s 2024 cost-of-living data, the most expensive places for expats to live are Hong Kong, Singapore, and Zurich, with Hong Kong topping the list.

    To render these results, Mercer evaluated key factors affecting the world’s economy in recent years, including inflation and exchange-rate fluctuations, heightened economic and geopolitical volatility, housing market prices, increasing transportation costs, and the general increase in the cost of goods and services that make living so expensive. 

    The report evaluated 226 cities around the world based on the cost of 200 items in each location, including transport, food, clothing, household goods, and entertainment, according to CNN. 

    General living costs in these categories around the world have seemingly skyrocketed in recent years, which Mercer chalks up to soaring housing market and transportation costs. 

    Some of the other most expensive cities for expats include Basel, Bern, Geneva, London, New York, Los Angeles and Nassau in the Bahamas.

    For the complete list click here.

    affordable living budget travel cost of living cost of travel expats Expensive Cities hong kong living abroad most expensive cities moving abroad passport magazine singapore Switzerland travel costs travel news Zurich
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    Lauren Mulvey

    Lauren Mulvey is a freelance writer based in upstate New York who specializes in regional travel, culture, and sustainability across the Hudson Valley and beyond.

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