Why angola is expensive

Mercer uses New York as its benchmark for comparing the costs of living in other cities, and measures currency movements against the US dollar. Pound's bumpy year since Brexit vote.

World's priciest expat cities revealed. Image source, AFP. Image source, Reuters. New York is used as the benchmark city in the Mercer survey. More galleries.

Order by newest oldest recommendations. Show 25 25 50 All. Threads collapsed expanded unthreaded. Loading comments… Trouble loading? Most popular. This is not the first time that Luanda has emerged the most expensive city to live in. The Angolan city also ranked first in Mercer's annual Cost of Living Survey in and , before slipping down to second place in the same survey in In the article that analyzed the reasons why Angola frequently topped cost of living indices despite having a fraction of the GDP per capita of its counterparts, the WEF stated that costs were high because indices such as the Mercer Survey considered costs of living for expatriates rather than locals.