Posts Tagged ‘cost of living’

Original DutchNews article found here

Tuesday 12 July 2011

 

Amsterdam has fallen from 35th to 50th place in an annual ranking of the most expensive cities for expats.

 

The list, drawn up by consultancy Mercer, rates Luanda in Angola as the most expensive place for expats to live, followed by Japan’s capital Tokyo.

 

Two years ago, Amsterdam was in 25th place. The research covers the cost of accommodation, international education, food, clothing, transport and utilities.

 

‘In most Western European cities the cost of living for expatriates has remained relatively stable over the last 12 months,’ said Mercer senior researcher Nathalie Constantin-Métral .

 

However, many of the region’s cities have still dropped in the ranking because the survey compares them to New York. ‘Price increases there have been more significant than in most European cities,’ Constantin-Métral said.