Hong Kong is the most expensive city in the world for expatriates to live, according to a study conducted by Mercer, a consultancy firm.
Hong Kong is followed by Tokyo, Zurich and Singapore. Three of the four most expensive cities are in Asia.
The figures for Mercer’s 24th annual Cost of Living survey take into account living and rental accommodation costs and the price of around 200 items in each city.
New York City is used as the base city for all comparisons, and currency movements are measured against the US dollar. The ranking includes 209 cities across five continents.
Ilya Bonic, president of Me...
