And the winner is... Hong Kong!
** Hong Kong becomes in 2016 the most expensive city in the world for expatriates**, unseating the Angolan Luanda falling from first to second place , according to data from the report on the cost of living that the consultancy firm Mercer prepares each year and which has been echoed by El País .
The study has been carried out in 209 cities spread over five continents , in which it has been compared the cost of more than 200 items (accommodation, transportation, food or clothing) . These data are used by companies to determine the salaries and economic compensation that must be paid to employees who move to work in other cities.
The African Luanda occupies the second position
In a TOP 10 monopolized by Asian and African cities, the Swiss city of Zurich takes third place on the podium , staying where it was in 2015. It is followed by ** Singapore (4) and Tokyo **, rising from eleventh place in 2015 to fifth in 2016. We traveled to Africa to find the sixth position occupied by Kinshasa , capital of the Democratic Republic of the Congo (ranked 13th, in 2015). Shanghai goes back one step compared to 2015 and remains in seventh place.
In the eighth position we find the second and last European city of the TOP 10: Geneva falls three places compared to 2015 , when he took fifth place. In ninth position, he is N'Djamena, the capital of Chad , which has gained one point since 2015. And, finally, 10th, Beijing which drops from seventh place.
Zurich, in third position
There are no Middle Eastern or American cities in the top 10 of the ranking . In fact, New York has been left at the gates and ranks eleventh. The first Spanish city that we find in the classification is Madrid, which is at number 105, climbing ten positions compared to 2015 (115) . ** Barcelona, which has also become more expensive this 2016, has gone from position 124 to 110.**