Jun 22, 2017

Luanda is ranked world’s most expensive city...See where Lagos ranks

The Angolan capital Luanda has knocked Hong Kong off the top spot in an annual survey by Mercer Consulting that ranks the cost of living for expatriate workers in world cities.

Lagos, the commercial capital of Nigeria is ranked 29th .

According to Reuters, the survey found the cost of renting a two-bedroom apartment suitable for expatriates in Luanda was £4,800 ($6,055) per month, while a fast food hamburger meal priced at £11.50.

It was the second time in three years that Luanda topped the survey, which compares the costs of housing, transport and clothing in 209 cities.
Top 10

1. LUANDA, Angola

2. HONG KONG

3. TOKYO, Japan

4. ZURICH, Switzerland

5. SINGAPORE,

6. SEOUL, South Korea

7. GENEVA, Switzerland

8. SHANGHAI, China

9. NEW YORK, U.S.

10. BERN,Switzerland