The most expensive city in the world is...

A soft drink in Luanda restaurants costs 20 euros on average. In fast food restaurants, a typical meal costs an average of 11 euros, twice as much as in Brussels
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Luanda, Photo: Shutterstock
Luanda, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 09.12.2014. 08:48h

The capital of Angola, Luanda, is the most expensive city in the world for foreigners, surpassing Tokyo, Moscow, London and New York on the list compiled by the American consulting firm Mercer.

Mercer conducted a survey on the cost of living and based on that created a list of the most expensive cities in the world.

Mercer compared 214 cities around the world, taking into account the prices of accommodation, transportation, food and entertainment, and the end result can actually be considered the cost of living for a foreigner.

One of the criteria on the basis of which Mercer calculates the cost of living in cities is the relative strength or weakness of the city's currency compared to the US dollar in the previous 12 months, and another is the movement of prices in previous years, compared to those in New York as a base, reports Business .

When all that is taken into account, Mercer concluded that the most expensive city in the world, and at the same time in Africa, this year is Luanda.

A soft drink in Luanda restaurants costs 20 euros on average. In fast food restaurants, a typical meal costs an average of 11 euros, twice as much as in Brussels.

The monthly salary of a police officer is 320 euros, while a square meter of living space in a new building costs 1,7 thousand euros, while the monthly rent for a studio apartment is 2,5 thousand euros, and for a house even 7,5 thousand euros.

Since the beginning of the economic crisis in 2008, the city has attracted a new wave of immigration from Portugal.

In second place among the most expensive cities in the world, and at the same time in Africa, for the life of foreigners is another African city, N'Djamena, the capital of Chad, one of the poorest countries in the world. That city was listed above Hong Kong, Singapore, Zurich, Geneva and Tokyo.

The third most expensive African city is Victoria, and the fourth is the capital of Gabon, Liberville, which took the 19th position on the Metzer global list, after New York, China's Shenzhen and Tel Aviv.

Huge disparities between rich and poor dominate in Liberville, where unemployment reaches 20 percent and the poor make up 33 percent of the population.

The fifth most expensive African city is Kinshasa, the capital of the Democratic Republic of Congo, which is heavily dependent on imports. The price of dinner in a more luxurious restaurant costs an average of 100 EUR, which is the same price as renting a taxi for the whole day.

In sixth place is Lagos, Nigeria's most populous city, with 12 million inhabitants, which ranked 25th on the global list. A glass of gin and tonic in a restaurant, on average, costs 24 euros, three times more than in Paris. To rent a studio apartment in a neighborhood where mostly the middle class lives, you need to allocate 1,3 thousand euros per month, and the rent is paid in advance for two years.

In seventh place among the most expensive cities in Africa is the largest and capital city of the Republic of Congo, Brazzaville, which is also a river port in the lower reaches of the Congo River. In an elite restaurant, a meal costs 60 euros on average, which is the average monthly salary of a teacher, and a beer costs 1,5 euros. For rental houses in the city center, it is necessary to set aside XNUMX thousand euros per month.

Monthly bills for electricity, water, and utilities are low in proportion to the salaries of citizens.

The eighth most expensive African city is Bamako, the capital of Mali, which is also the 29th most expensive city in the world. Prices have skyrocketed, especially food and fuel, due to the political crisis in the country that broke out in 2012.

The capital and largest city of Guinea, Conakry, is in the ninth position of the list. It is the 34th most expensive city in the world.

In tenth place is Dakar, the capital of Senegal, which was ranked 40th on the global list. The price of consumer goods is high, especially for the poor local population. A kilogram of sugar in this city costs 1,5 euros, and a liter of gasoline costs 1,2 euros.

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