Hong Kong falls one place to become the second-most expensive location in the world
Hong Kong loses number one status in spite of high levels of inflation
Hong Kong loses number one status in spite of high levels of inflation
Singapore is now the fifth most expensive location in the world for expatriates, driven by rising accommodation costs
Following a four-year reign, Hong Kong (2nd) loses the top spot to New York
With petrol prices continuing to rise, we share some insight on how prices vary around the world and where they have risen the most in the last five years.
A 20% rent increase cements London’s position within top five most expensive cities in the world, while a 12% increase in rental costs sees New York overtake Geneva to secure second place in ECA's global cost of living ranking.
Singapore’s position in ECA’s cost of living rankings remained unchanged from last year in spite of the city experiencing significant price rises in the past twelve months, with housing rental costs, utilities and petrol prices seeing particular growth.
Strong currency ensures Hong Kong keeps its crown for another year in ECA's global cost of living ranking.
We discuss findings from our spot survey, "Conflict in Ukraine", to establish exactly what actions organisations have been taking to support assignees in Ukraine, Russia and Belarus.
In our last round-up two months ago, there were tentative signs that global inflation might have peaked. Then came Russia's attack on Ukraine.
Cost of living in UK cities overtook many in Europe ahead of lockdown Concerns over slowing growth in China and the Covid-19 pandemic weakens the yuan and pushes Chinese cities lower in the ranking Australasian cities also see drops in ranking partly linked to concerns over weaker growth in China affecting their currencies Swiss cities continue to be among the most expensive in the world, domina
29 North American locations now feature in the top 100 most expensive cities globally.
North American locations account for almost a third of the top 100 most expensive locations compared to only five in 2014.
Europe now accounts for less than a fifth of the world’s top 100 most expensive cities due to weakened euro.
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