A global survey of most expensive cities for expatriates has rated Karachi as the fourth cheapest city while South Africa’s Johannesburg has been adjudged the cheapest.
The cost of living survey, conducted by consultancy firm Mercer, studied 143 cities across the world.
At the other end of the scale, Tokyo and Osaka were judged to be the most expensive cities, largely due to the strength of the yen against the dollar.
The Japanese capital replaced Moscow as the world’s most expensive city for expatriates, and Beijing also moved into the top 10.
The survey uses New York as the base city with an index of 100 points when comparing the cost of 200 items, including housing, transport, food, clothing, household goods and entertainment.
Tokyo scored 143.7 points and was nearly three times as costly as the cheapest city, Johannesburg, which had an index score of 49.6.
Osaka was in second place —making Japan the only country with two cities in the top 10 — followed by Moscow in third, Geneva at four and Hong Kong fifth.
Asian and European cities again dominated the top ranks of the world’s costliest cities for foreigners, but currency swings including a stronger dollar have reshuffled the global rankings, the firm said.
Cities in the United States, China and the Middle East surged from last year. New York jumped from 22nd to eighth place, Beijing is now ninth, up from 20th, while Dubai has climbed 32 places to number 20.
London dropped 13 places from last year to be the 16th most expensive city in the world, while Paris slipped one spot to 13th.
Courtesy: Dawn News
what a disgusting waste of money, and what a disgusting man
This display of wealth is no dout a fantastic collection if only we can live forever or rather knwo the exact timing of our death.They are nice for real.
In a world where there are 1 billion people in poverty and famine, i wonder how much people could benefit from that amount of wasted money!
that is not the picture of brunei :S
Its called world where a person is such is rich that he is not proud.he is the blessed by Allah and must be return to Him.i dnot know him personally but want to know him.Alamgir khanh mandokhail
MASHAALLAH – Nice Personality , styles & richest man.
Help poor muslim ppl ALLAH will increase your assets.
Good Sir/ma.
I have been hearing about this great and blessed country. and I really want 2 study over there. But my parent could not take my academic responsibilities. please can you help me? as I know brunei is a great country with her greatest leaders. so please i need an assistance.
thank you:
Saeed shehu
Zaria city, Kaduna state Nigeria.
He’s the coolest man lives freely and the gretest king and ruler of brunei.
I am a car freek and love the collection of cars here.
What is your view about charity?
When I was younger I watched TV Brunei, the only TV channel in Brunei then(maybe they have more now). The Sultan and his wives attended alot of functions and they were driven in those beautiful cars. I noticed too the huge royal collection of diamond and gem jewelries worn by his wives were incredible, maybe a different jewlry set for each occasion. I think the Sultan is blessed with wealth and he rules the country with wisdom. He takes care of his family well and the people are happy. It is said his palace(Istana Darul Iman) is one of the biggest in the world and he can have anything in the world in it if he wants too. Collecting collectible cars is something worthwhile: an investment which will only appreciates in value…IMHO
very beautiful palace.