For these trying to go away the U.S., pursuing life as an expatriate is usually an interesting choice.
That is very true for these residing in dear locales, similar to New York Metropolis or San Francisco, the place the price of residing stays persistently excessive. Actually, New York continues to be the most costly metropolis in North America, rating sixth on the planet.
Relocating to work overseas, nonetheless, may include a hefty price ticket, in response to Mercer’s 2023 Value of Residing Rating, which ranks 227 cities throughout 5 continents, evaluating the price of items and providers in every location.
The most costly metropolis on the planet for expats: Hong Kong, which topped the record for the second consecutive 12 months.
Listed below are the ten costliest cities for expats, exterior the U.S.:
- Hong Kong
- Singapore
- Zurich, Switzerland
- Geneva, Switzerland
- Basel, Switzerland
- Bern, Switzerland
- Tel Aviv, Israel
- Copenhagen, Denmark
- Nassau, Bahamas
- Shanghai
As for the U.S., the info finds that the price of residing has elevated in all American cities analyzed. Within the world rating, New York lands in sixth place, adopted by Los Angeles (eleventh), San Francisco (14th) and Honolulu (fifteenth).
Moreover, Detroit, Houston and Cleveland noticed the best will increase in price of residing amongst U.S. cities this 12 months.
However understand that price of residing is only one issue to think about when trying to transfer overseas. Whereas Hong Kong is the most costly metropolis on the record, that does not essentially translate to a greater high quality of life. Actually, it ranks 78th in that class.
However, some world cities might provide expats a decrease price of residing and, maybe, a better high quality of life. Barcelona, Spain, for instance, ranks seventy fifth for highest price of residing, however forty seventh for highest quality of life.
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