21 Jun '17, 12pm

The most expensive city in the world has changed - and it might surprise you

A new list of the most expensive cities in the world ranks Luanda, the capital of Angola, as number one. It knocks last year’s most expensive city, Hong Kong , off the top spot. The rankings come from Mercer’s annual Cost of Living survey, designed to help multinational companies and governments determine compensation allowances for their expatriate employees. The survey includes 209 cities across five continents and measures the comparative cost of more than 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment. At the top of the list, Asian and European countries were found to have the most expensive cities, with Hong Kong in second place, followed by Tokyo , Zurich and Singapore respectively. Luanda in Africa was judged to be the costliest city due to the expense of goods and security. Read more 10 tourist dest...

Full article: http://www.independent.co.uk/travel/news-and-advice/world...

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