Milan is the 48th most expensive city in the world in terms of cost of living for expatriates, according to a study released this Wednesday (7).
The Italian fashion capital is followed by Rome, the capital of Italy, which occupies the 57th position in the Mercer's Ranking 2022.
Considering only the European continent, Lisbon is the 36th most expensive city for expatriates, the study concludes.
Hong Kong is once again the most expensive city in the world. According to the study, the Swiss cities of Zurich (2nd), Geneva (3rd), Basel (4th) and Bern (5th) complete the top five most expensive locations in the world for expatriates.
The study was carried out based on a joint analysis of the comparative cost of more than 200 items in each location, including housing, transportation, food, clothing, household products and entertainment, and uses New York as the base city for all comparisons, including Currency movements are measured against the US dollar.
And speaking of the USA, it is the country with the most represented cities. There are 16 in the top one hundred positions: from New York, the only one in the top ten, to Los Angeles, passing through San Francisco, Miami, Chicago, Atlanta, Seattle, Dallas and Minneapolis.
Brazil in the 2022 Ranking of the most expensive cities in the world
Five Brazilian cities appear in Mercer's 2022 Ranking. São Paulo is the 168th most expensive city in the world. Rio de Janeiro (176th), Brasília (200th), Manaus (207th) and Belo Horizonte (210th) complete the list.
The most expensive city in South America according to the study is Buenos Aires. The Argentine capital occupies 114th position.
Montevideo (Uruguay, 123rd), Santiago (Chile, 130th), Quito (Ecuador, 156th), Lima (Peru, 172nd), Asunción (Paraguay, 195th), La Paz (Bolivia, 196th) and Bogotá (Colombia, 205th) complete the list of the most expensive cities in South America.
The complete ranking can be seen here: Mercer's Ranking 2022.
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