World's Most Expensive Cities, 2008
Updated September 9, 2022 |
Infoplease Staff
The data in this table reflects a survey measuring the comparative cost of over 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment. Produced by Mercer, a global human resources and financial consulting firm, the survey is used to help multinational companies and governments determine compensation allowances for their expatriate employees.
| Rankings | ||
|---|---|---|
| March 2008 | March 2007 | City |
| 1 | 1 | Moscow, Russia |
| 2 | 4 | Tokyo, Japan |
| 3 | 2 | London, United Kingdom |
| 4 | 10 | Oslo, Norway |
| 5 | 3 | Seoul, South Korea |
| 6 | 5 | Hong Kong, Hong Kong |
| 7 | 6 | Copenhagen, Denmark |
| 8 | 7 | Geneva, Switzerland |
| 9 | 9 | Zurich, Switzerland |
| 10 | 11 | Milan, Italy |
| 11 | 8 | Osaka, Japan |
| 12 | 13 | Paris, France |
| 13 | 14 | Singapore, Singapore |
| 14 | 17 | Tel Aviv, Israel |
| 15 | 21 | Sydney, Australia |
| 16 | 16 | Dublin, Ireland |
| 16 | 18 | Rome, Italy |
| 18 | 12 | St. Petersburg, Russia |
| 19 | 19 | Vienna, Austria |
| 20 | 20 | Beijing, China |
| 21 | 22 | Helsinki, Finland |
| 22 | 15 | New York City, United States |
| 23 | 38 | Istanbul, Turkey |
| 24 | 26 | Shanghai, China |
| 25 | 25 | Amsterdam, Netherlands |
| 25 | 29 | Athens, Greece |
| 25 | 62 | Sao Paulo, Brazil |
| 28 | 26 | Madrid, Spain |
| 29 | 49 | Prague, Czech Republic |
| 30 | 37 | Lagos, Nigeria |
| 31 | 31 | Barcelona, Spain |
| 31 | 64 | Rio de Janeiro, Brazil |
| 31 | 23 | Stockholm, Sweden |
| 34 | 24 | Douala, Cameroon |
| 35 | 67 | Warsaw, Poland |
| 36 | 64 | Melbourne, Australia |
| 37 | 39 | Munich, Germany |
| 38 | 45 | Berlin, Germany |
| 39 | 44 | Brussels, Belgium |
| 40 | 40 | Frankfurt, Germany |
| 41 | 33 | Dakar, Senegal |
| 42 | 28 | Kiev, Ukraine |
| 43 | 43 | Luxembourg, Luxembourg |
| 44 | 30 | Almaty, Kazakhstan |
| 45 | 31 | Bratislava, Slovakia |
| 46 | 45 | Dusseldorf, Germany |
| 46 | 72 | Riga, Latvia |
| 48 | 52 | Mumbai, India |
| 49 | 59 | Zagreb, Croatia |
| 50 | 57 | Hamberg, Germany |
The figures are based on a survey conducted in March 2008, and the 2007 comparisons are based on a similar survey conducted in March 2007.
Source: Mercer Human Resource Consulting. Web: www.mercerhr.com .
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