Amsterdam drops on list of expensive cities

12th July 2011, Comments 1 comment

Amsterdam has dropped places on a list of the most expensive city for expatriates. Mercer’s Cost of Living Survey put the Netherlands’ capital at 50th place. In 2010, Amsterdam was 35th and, in 2008, ranked 25th.

Mercer’s survey looks at 214 cities, comparing basic cost of living necessities like housing, food, clothing and transport. New York is used as the base city for comparison, with currency movements measured against the US dollar.

The top three are the same as last year: Angolan capital Luanda is the world’s most expensive city for expats, followed by Tokyo in Japan and N’Djamena in Chad.

Moscow was the most expensive European city, ranking fourth overall for the second year in a row, followed by Geneva in fifth position. Another Swiss city is high in the rankings - Zurich rose one place to seventh.

Brazilian cities unaffordable Brazil’s cities are fast becoming the most unaffordable in the world. Sao Paulo jumped from 21st to 10th place, while Rio de Janeiro rose 17 places to joint 12th. Brasilia jumped 37 places to rank 33rd this year. Mercer attributed the rise of Brazilian cities in the rankings to the “significant” strengthening of the country's currency against the dollar.

© Radio Netherlands Worldwide

1 Comment To This Article

  • jiansong posted:

    on 21st July 2011, 11:09:39 - Reply

    you didn't mention what caused the Amsterdam's drop. currency exchange rate? housing market drop? show us more insight.