Monday, 18 July 2011

São Paulo: 10th most expensive place to send an expat

We increasingly need bigger notes than this one down in São Paulo...


Every year Mercer does a study of the cost of 200 items to derive a comparative ranking of the cost of living in various cities worldwide, or more accurately the cost to a company of sending an expat to live there.

This year the top Brazilian city, and the top South American city for that matter, is São Paulo, up 11 places and in the Top 10 global wallet munchers for the first time. In fact it's not only the highest placed South American city, it's been ranked as more expensive than any US city too and by quite a margin.

And while the economic downturn has kicked European cities down the ranking, Brazil with the help of its strong Real has other cities jumping up the ranking after São Paulo; Rio is up 17 places to 12th spot and Brasilia up 37 places to 33rd place.

Yes, security is factored in (which is why Luanda is at No 1 spot) and yes, it is subject to global inflationa and currency fluctuations but every algorithm needs its assumption and it's good enough for me to think about asking my company to do the right thing, protect my purchasing power and raise my salary...





Rankings




March 2011

March 2010


City

Country

1


1

LUANDA

ANGOLA

2


2

TOKYO

JAPAN


3

3

N'DJAMENA

CHAD

4

4

MOSCOW

RUSSIA

5

5

GENEVA

SWITZERLAND


6

6

OSAKA


JAPAN

7

8

ZURICH


SWITZERLAND

8

11


SINGAPORE

SINGAPORE

9

8


HONG KONG

HONG KONG

10


21

SÂO PAULO

BRAZIL

11


19

NAGOYA

JAPAN


12

7

LIBREVILLE

GABON

12

29

RIO DE JANEIRO

BRAZIL

14

24

SYDNEY

AUSTRALIA


15

11

OSLO


NORWAY

16

22

BERN


SWITZERLAND

17

10


COPENHAGEN

DENMARK

18

17


LONDON

UNITED KINGDOM

19


14

SEOUL

SOUTH KOREA

20


16

BEIJING

CHINA


21

25

SHANGHAI

CHINA

21

33

MELBOURNE

AUSTRALIA

23

23

NIAMEY

NIGER


24

19

TEL AVIV


ISRAEL

25

13

VICTORIA


SEYCHELLES

25

15


MILAN

ITALY

27

17


PARIS

FRANCE

28


67

OUAGADOUGOU

BURKINA FASO

29


30

ST. PETERSBURG

RUSSIA


30

60

PERTH

AUSTRALIA

31

55

BRISBANE

AUSTRALIA

32

27

NEW YORK CITY, NY

UNITED STATES


33

70

BRASILIA


BRAZIL

34

26

ROME


ITALY

34

74


CANBERRA

AUSTRALIA

36

28


VIENNA

AUSTRIA

37


38

NOUMÉA

NEW CALEDONIA

38


38

GUANGZHOU

CHINA


39

62

DJIBOUTI

DJIBOUTI

39

76

STOCKHOLM

SWEDEN

41

62

LAGOS

NIGERIA


42

31

HELSINKI


FINLAND

43

42

SHENZHEN


CHINA

44

32


DAKAR

SENEGAL

44

141


KHARTOUM

SUDAN

46


90

ADELAIDE

AUSTRALIA

47


47

PRAGUE

CZECH REPUBLIC


48

36

BAKU

AZERBAIJAN

49

33

BANGUI

CENTRAL AFRICAN REP.

50

35

AMSTERDAM

NETHERLANDS

1 comment:

IsaacRiquelme said...

One more time impressed by Mr Larose´s knowledge! No spainsh cities in that list while we can´t stop complaning about how expensive cities like Madrid or Barcelona are. wooop

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