New Mercer HR rankings on world's most expensive cities
Mercer HR Consulting has once again released the findings of their annual Cost of Living Survey (it's almost as if they release a new report every month, doesn't it?). Here are some of their interesting findings:
1. Moscow is once again the world’s most expensive city.
2. Beijing has fallen from 14th to 20th and Shanghai from 20th to 26th.
3. Douala in Cameroon is ranked 24th, two ranks above Shanghai, which is just one rank above Kiev in Ukraine.
4. Other curious rankings: Dakar, Senegal (33); Abidjan, Cote d’Ivoire (35); Lagos, Nigeria (37).
5. Los Angeles (42); Luxembourg (43)
6. Algiers in Algeria just managed to edge in at 50