Dublin has jumped 10 places in a list of the world’s costliest places to live for expats and foreign nationals.
The capital outranks the likes of Madrid, Los Angeles, Frankfurt, Dubai, Berlin, and San Francisco as an expensive place to live for an overseas citizen, according to the latest cost-of-living survey from HR consultancy Mercer.
The study covers 211 cities and measures the comparative cost of more than 200 items in each location, including housing, food, clothing, transportation, entertainment, and household goods.
Dublin is ranked 51st, ten places higher than last year. Zurich is the most expensive city to live in Europe for expats. London is ranked 12th most expensive.
“Despite moderate price increases in most of the European cities, European currencies for the most part slightly strengthened against the US dollar, which pushed most western European cities up in the ranking,” according to Noel O’Connor, senior consultant for Mercer.
“There have also been some increases in accommodation costs due to strong demand for rentals, which has also been behind upward movement in rankings for a number of European cities. Dublin’s move up ten places... primarily reflects both of these factors.”
Two African cities top the list — Luanda in Angola and the Chad capital, N’Djamena. Luanda is more than three times as costly as Karachi, the world’s least expensive city.
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