London, United Kingdom, 4 Dec – The Angolan capital of Luanda was ranked for the second year running as the world’s most expensive city for foreign staff, ahead of Tokyo and Oslo, according to the most recent survey by ECA International published Wednesday.
“The infrastructures destroyed in the country – a result of decades of war – make it very difficult to acquire certain products or brands that are usually consumed by foreigners, and the price of those products is consequently high,” said the ECA International survey.
In comparison, Maseru, in Lesotho, Africa’s cheapest city for foreigners, has a 70 percent lower cost of living than Luanda.
ECA International calculates cost of living based on the price of a basket of goods and services usually acquired by expatriate staff, in over 390 locations across the world, including meat and fish, fresh fruit and vegetables, drinks and tobacco, miscellaneous goods and services as well as clothing, white goods, driving and meals.
In relation to last year, Luanda and Tokyo kept their places as first and second in the ECA International ranking.
Amongst the top five locations, the biggest rises were Oslo (from 9th to 3rd) and Copenhagen (from 8th to 4th). (macauhub)