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10 most expensive cities in the world

$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

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most expensive places expats hong kong
  • Monthly rent (luxury apt.): $7,092
  • International newspaper: $3.87
  • Cup of coffee: $5.67
  • Gas (per liter): $2.23

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.

Source: Mercer Cost of Living Survey 2013, conducted in 214 cities to help international companies assess the costs of relocating employees abroad. It looks at the cost in U.S. dollars of over 200 everyday items, such as monthly rent for a luxury, 2-bedroom unfurnished apartment, a movie ticket for an international release, a fast-food hamburger meal, and more. All cities are compared to New York City and currency movements are based against the U.S. dollar.
Monthly rent based on luxury, two bedroom apartments (with the exception of N'Djamena, Chad)
By Angela Johnson   @ANJ0817 - Last updated July 24 2013 08:11 AM ET
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