3 hours agoWorld's most expensive cities for foreigners, Tirana, 152th
Periskopi(5 years ago)
(5 years ago)The capital of Turkmenistan in Central Asia has been named the world's most expensive city for foreign workers. Ashgabat, a city of about one million people, headed the 2021 cost of living by the consulting company Mercer. Order put Ashgabat over last year's most expensive city, Hong Kong, [...]
Ashgabat, a city of about one million people, headed the 2021 cost of living by the consulting company Mercer.
The ranking put Ashgabat on last year's most expensive city, Hong Kong, which ranked second, followed by Beirut in Lebanon and Tokyo in Japan.
The annual report ranks 209 cities based on the cost of expenses such as housing, transportation and food. Mercer said he analysed more than 200 goods and services for the report, which is designed to help companies and governments worldwide determine how much foreign employees should pay.
Most cities in the first 10 countries listed by Mercer are business centres, where economic growth has led to an increase in housing prices and other living costs.
Tirana report with regional countries
Of the 209 cities considered is Tirana, which compared to a year ago, has become more costly.
It ranked 152th from 163th in 2020. The cost of living for foreigners ranks at the same level as Mexico City, Kuala Lumpur in Malaysia, and the town of Rabat in Morocco.
Serbia's Belgrade ranks 163rd, rising 20 places from last year's report.
Skopje ranks 192th out of 202, Sofia at 165th out of 180.
Istanbul seems to have become cheaper for foreigners compared to years. It ranked 173th in the 156th place a year ago.
Bisek, a city in Kyrgyzstan, ranks last, as less dedicated to foreigners. /Monitor
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