25.3 C
Thursday 17 June 2021
HomeNewsTunisia: Tunis is Arab world’s cheapest city (Mercer)

Tunisia: Tunis is Arab world’s cheapest city (Mercer)

Tunis is the Arab world’s cheapest city for expatriates and the world’s 209th according to the global annual survey on the cost of living by Mercer.

Khartoum is the Arab world’s most expensive city in the Arab world and 26th in the world ahead of Djibouti (2nd), while Beirut, which came in third place, outranks Abu Dhabi, followed by Dubai, Amman, Riyadh and Algiers.

Tokyo is the world’s most expensive city for expatriates, followed by Luanda, Angola, according to Mercer’s latest Cost of Living Survey.

Osaka is in third position, up three places from last year, while Moscow in fourth is the most expensive city in Europe for expatriates while Macedonia, is the least expensive.

Karachi ranked 214 is the world’s least expensive city, according to the survey.

Recent economic and political events around the world affected the rankings for many regions through currency fluctuations, inflation, and volatility in accommodation prices.

The covers 214 cities across five continents and measures the comparative cost of over 200 items in each location, including transport, food, clothing, household goods and entertainment. The cost of housing is also included and, as it is often the biggest expense for expatriates, it plays an important part in determining where cities are ranked.

New York is used as the base city and all cities are compared against it. Currency movements are measured against the US dollar.


Please enter your comment!
Please enter your name here

- Advertisement -