For these seeking to depart the U.S., pursuing life as an expatriate is commonly an interesting choice.
That is very true for these residing in dear locales, resembling New York Metropolis or San Francisco, the place the price of residing stays persistently excessive. In actual fact, New York continues to be the most costly metropolis in North America, rating sixth on the planet.
Relocating to work overseas, nevertheless, can even include a hefty price ticket, in line with Mercer’s 2023 Price of Dwelling Rating, which ranks 227 cities throughout 5 continents, evaluating the price of items and providers in every location.
The costliest metropolis on the planet for expats: Hong Kong, which topped the checklist for the second consecutive 12 months.
Listed here are the ten costliest cities for expats, outdoors the U.S.:
- Hong Kong
- Singapore
- Zurich, Switzerland
- Geneva, Switzerland
- Basel, Switzerland
- Bern, Switzerland
- Tel Aviv, Israel
- Copenhagen, Denmark
- Nassau, Bahamas
- Shanghai
As for the U.S., the info finds that the price of residing has elevated in all American cities analyzed. Within the world rating, New York lands in sixth place, adopted by Los Angeles (eleventh), San Francisco (14th) and Honolulu (fifteenth).
Moreover, Detroit, Houston and Cleveland noticed the best will increase in price of residing amongst U.S. cities this 12 months.
However understand that price of residing is only one issue to contemplate when seeking to transfer overseas. Whereas Hong Kong is the most costly metropolis on the checklist, that does not essentially translate to a greater high quality of life. In actual fact, it ranks 78th in that class.
Then again, some world cities could provide expats a decrease price of residing and, maybe, the next high quality of life. Barcelona, Spain, for instance, ranks seventy fifth for highest price of residing, however forty seventh for highest quality of life.
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