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These are the 10 most expensive cities in the world

These are the 10 most expensive cities in the world

Luanda has the dubious honour of beating the likes of London and New York to being named the most expensive city in the world for expats to live.

A new report by consultancy firm Mercer placed the Angolan capital top of its list for the second year in a row.

The company compares cities' costs of living based on a basket of over 200 goods - including staple foods and things like hamburgers and cinema tickets - combined with high standard accommodation costs, according to the Financial Times (£).

Cities like Luanda and N'Djamena, the capital of Chad, make the list owing to the scarcity of certain international goods.

These are the 10 most expensive cities:

1. Luanda, Angola

2. Hong Kong, China

3. Zurich, Switzerland

4. Singapore, Singapore

5. Geneva, Switzerland

6. Shanghai, China

7. Beijing, China

8. Seoul, South Korea

9. Bern, Switzerland

10. N'Djamena, Chad

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