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CEOWORLD magazine - Latest - Lifestyle and Travel - Asia’s top 10 most expensive cities for expatriates in 2019

Lifestyle and Travel

Asia’s top 10 most expensive cities for expatriates in 2019

Hong Kong

The capital of Turkmenistan, Ashgabat, remains the most expensive city in Asia and in the world for expatriates, according to the latest cost of living report by ECA. Meanwhile, the cost of living in Tokyo ranks second in ASIA, followed by Hong Kong, Yokohama, Nagoya, and Osaka. Other countries in the top 10 of Asia rankings were Singapore (No. 7), Seoul (No. 8), Macau (No. 9), and Shanghai (No. 10).

The latest cost-of-living survey table, which assessed cost of living in cities for non-local employees based on a basket of consumer goods and services such as groceries, clothing and leisure activities. However, house rents, cars and school fees are not included in calculations as they are usually paid for by employers. This means they are unrelated to expats’ spending power.

Asia’s top 10 most expensive cities for expatriates in 2019:

  1. Ashgabat, Turkmenistan
  2. Tokyo, Japan
  3. Hong Kong
  4. Yokohama, Japan
  5. Nagoya, Japan
  6. Osaka, Japan
  7. Singapore
  8. Seoul, South Korea
  9. Macau
  10. Shanghai, China

Asia's top 10 most expensive cities for expatriates in 2019

World’s top 10 most expensive cities for expatriates in 2019:

  1. Ashgabat, Turkmenistan
  2. Tokyo, Japan
  3. Zurich, Switzerland
  4. Geneva, Switzerland
  5. Basel, Switzerland
  6. Hong Kong
  7. Bern, Switzerland
  8. Yokohama, Japan
  9. Tel Aviv, Israel
  10. Nagoya, Japan

Zurich Switzerland

Europe’s top 20 most expensive cities for expatriates in 2019:

  1. Zurich, Switzerland
  2. Geneva, Switzerland
  3. Basel, Switzerland
  4. Bern, Switzerland
  5. Oslo, Norway
  6. Stavanger, Norway
  7. Copenhagen, Denmark
  8. Helsinki, Finland
  9. Stockholm, Sweden
  10. Paris, France

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CEOWORLD magazine - Latest - Lifestyle and Travel - Asia’s top 10 most expensive cities for expatriates in 2019
Anna Papadopoulos
Anna Papadopoulos is a senior money, wealth, and asset management reporter at CEOWORLD magazine, covering consumer issues, investing and financial communities + author of the CEOWORLD magazine newsletter, writing about money with an enthusiasm unknown to mankind. You can follow CEOWORLD magazine on Twitter, Facebook, Instagram, or connect on LinkedIn for musings on money, wealth, asset management, millionaires, and billionaires. Email her at info@ceoworld.biz.