Monday, July 8, 2013

As An Expat Are YOU In The Know?

Zurich in Switzerland is ranked as the overall most expensive city to live in, world-wide, according to Xpatulator.com's July 2013 international cost of living rankings. Thimphu in Bhutan, is ranked the cheapest. Tokyo dropped 2 places in April, and another 3 places in July to become the sixth most expensive place to live, while Geneva moves down slightly to become the fourth most expensive location in the world.

Using all 13 basket groups to measure the cost of living, Zurich is ranked the most expensive, while Luanda is the most expensive place to live excluding the housing, education, medical and transport basket groups.

For more key highlights go here.

NOTE: The cost of living rankings, released every quarter, measure the comparative cost of living for expatriates in 780 locations, covering every country worldwide. The cost of living comparison uses local prices for defined quantities of the same goods and services, converted to a single currency. Sources include local service providers in each location, international service providers, official governmental statistics and global agency data. The data is quality assured and manually checked by Xpatulator Analysts. The prices of similar related items have been grouped together into 13 basket groups and the cost of living index calculated for each basket in each location. The 13 basket groups are the result of extensive research of actual spending habits ensuring the cost of living indexes reflect a reality-based international expenditure pattern. Reference: Xpatulator.com

Reference
The cost of living ranking information contained in this article is updated quarterly using data collected by Xpatulator.com over the past 12 months. The international cost of living indexes, on which the rankings are based, is only available using Xpatulator.com's online expatriate calculators that enable users to create personalized cost of living comparison reports which include:
Published by Xpatulator.com on 1 July 2013.
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