Sunday, April 25, 2010

Relocating to Tokyo? Tokyo Ranked Number 1 Most Expensive City

The rank of the overall international cost of living indexes is reported as at April 2010 using New York as the base city.

The rank for the top 10 most expensive locations is as follows:
April 2010 Rank Country, City (Jan 2010 Rank)[Change in Rank]
1 Japan, Tokyo (1) [0]
2 Switzerland, Geneva (2) [0]
3 Brazil, Brasilia (3) [0]
4 Switzerland, Zurich (4) [0]
5 Norway, Oslo (6) [-1]
6 Denmark, Copenhagen (7) [-1]
7 Venezuela, Caracas (8) [-1]
8 China, Hong Kong (5) [3]
9 Liechtenstein, Vaduz (9) [0]
10 Australia, Sydney (15) [-5]

The indexes are calculated using the prices for specific quantities of the same goods and services in each location, based on expatriate spending patterns across 13 broad categories (Basket Groups). The cost of living studied is the cost of maintaining an expatriate standard of living.

Tokyo is the overall most expensive place in the world for expats. Tokyo is also the most expensive place in the world for accommodation, while it is the fourth most expensive place in the world for groceries.

For the full list of all 282 global locations see here; http://www.xpatulator.com/outside.cfm?aid=240

If your are relocating to the most expensive city in the world, make sure you see us at H&R Group. We will make sure you keep your relocation bill to the minimum through our experienced international team.

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The H&R Group is MORE THAN RELOCATION!

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