Most Popular on Medindia


Angola's Capital Luanda Has Been Rated The Most Expensive Expat City In The World

by Aruna on  June 12, 2009 at 10:55 AM Lifestyle News   - G J E 4
According to a survey published on Wednesday, Angola's capital Luanda has again been rated the most expensive city in the world for expat workers, followed by Tokyo.
Angola's Capital Luanda Has Been Rated The Most Expensive Expat City In The World

The latest Cost of Living Survey by human resources consultancy ECA International saw Luanda maintain top spot on the world priciest locations for foreigners, while Maseru in the small mountain state Lesotho was the cheapest.

The next three cities in the ranking after Luanda and Tokyo were all in Japan, Nagoya, Yokohama and Kobe, according to the report.

Oil rich Angola's has enjoyed an unprecedented economic boom since a 27-year civil war ended in 2002 which has attracted an influx of foreign workers.

The country's war-damaged industry and poor infrastructure means the bulk of food, construction materials and other goods have to be imported, driving up costs.

Decent Luanda apartments with water and electricity go for upwards of 15,000 dollars (10,700 euros) a month, a basic meal out can top 100 dollars and imported European cheese sells for over 15 dollars a piece.

The high prices sit incongruously next to the rest of Angola's poverty with two thirds of the population living on less than two dollars a day.

Maintaining their position in the top ten were Copenhagen in Denmark, Oslo in Norway, Geneva and the Swiss cities of Geneva, Zurich and Basel.

ECA's cost of living data, conducted twice a year, compares a selection of 125 consumer goods and services in over 370 locations worldwide.

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
Notify me when reply is posted I agree to the terms and conditions

Ask an Expert

If you have a question about health related issues, you can now post it in our Ask An Expert section on our community website and get answers from our panel of experts.

Ask an Expert

Ask an Expert+
WHO Declares Flu Pandemic
 WHO Declares Flu Pandemic
S  Genetic Mutation Behind Deadly Form Of Ovarian Cancer Discovered
Genetic Mutation Behind Deadly Form Of Ovarian Ca...