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$8 for a cup of coffee in Moscow. $200 for a pair of jeans in Luanda. These cities charge top dollar for the most basic purchases, according to Mercer's survey of 214 cities.
Hong Kong's rental market is exploding. Home prices have climbed significantly and potential buyers are having such a hard time securing financing that they are turning to rental homes instead, according to Mercer's Miriam Siscovick.
While a luxury two-bedroom averages a little more than $7,000 a month, Mercer found that luxury three-bedroom apartments can go for more than $13,500 a month.