For these trying to go away the U.S., pursuing life as an expatriate is commonly an interesting choice.
That is very true for these dwelling in expensive locales, comparable to New York Metropolis or San Francisco, the place the price of dwelling stays persistently excessive. In reality, New York continues to be the costliest metropolis in North America, rating sixth on this planet.
Relocating to work overseas, nonetheless, may include a hefty price ticket, in accordance with Mercer’s 2023 Price of Dwelling Rating, which ranks 227 cities throughout 5 continents, evaluating the price of items and providers in every location.
The costliest metropolis on this planet for expats: Hong Kong, which topped the listing for the second consecutive yr.
Listed below are the ten most costly cities for expats, exterior the U.S.:
Hong Kong SingaporeZurich, SwitzerlandGeneva, SwitzerlandBasel, Switzerland Bern, Switzerland Tel Aviv, Israel Copenhagen, Denmark Nassau, BahamasShanghai
As for the U.S., the information finds that the price of dwelling has elevated in all American cities analyzed. Within the international 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 dwelling amongst U.S. cities this yr.
However understand that price of dwelling is only one issue to think about when trying to transfer overseas. Whereas Hong Kong is the costliest metropolis on the listing, that does not essentially translate to a greater high quality of life. In reality, it ranks 78th in that class.
Alternatively, some international cities could supply expats a decrease price of dwelling and, maybe, the next high quality of life. Barcelona, Spain, for instance, ranks seventy fifth for highest price of dwelling, however forty seventh for highest quality of life.
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