The world’s most expensive city to live in right now is a bit of a new and surprising contender.
The Economist Intelligence Unit (EIU) called it last year, saying that 2021’s most expensive city to live in would come out of nowhere due to economic changes from the COVID-19 pandemic.
As economic hardships grow, so does the cost of living in South Africa, evident in the high rental prices in major cities.
The latest list of the world’s most expensive cities, for expats who are looking for a western standard of living, shows London ain’t all that bad.
As the cost of living around the world rockets, some African cities are faring worse than others. What about us down here in Slaapstad though?
Every year, investment consulting firm Mercer releases its list of the most expensive cities in the world. Last year, Luanda (the capital city of Angola) held the top spot, but this year sees Tokyo taking over as the most expensive city in the world. See the full top ten list after the jump.