Thursday, August 5, 2010

Addis Ababa, One of the World’s Cheapest Cities for US Expats

According to a recent survey conducted by Mercer on cost of living, it was found that Addis Ababa ranked 208 out of 214 cities around the world. The survey includes 214 cities across five continents and measures the comparative cost of over 200 items.

Did you know that Addis Ababa is one of the least expensive places to live for expatriates? According to a recent survey conducted by Mercer on cost of living, it was found that Addis Ababa ranked 208 out of 214 cities around the world. This report puts Luanda, capital of Angola, as the most expensive city in the world for expatriates followed by Tokyo, Ndjamena, Moscow and Geneva.
"The survey includes 214 cities across five continents and measures the comparative cost of over 200 items in each location against parameters such as housing, transport, food, clothing, household goods and entertainment. This study is touted to be the world’s most comprehensive cost of living survey and Governments and Multinational corporations use this report to decide remuneration of expatriate employees."

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