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These cities are the most expensive to live and work abroad

These cities are the most expensive to live and work abroad

If you're an expat living in Hong Kong, Zurich or Geneva, life is costing you more than anywhere else on the planet, according to the 2022 Cost of Living Survey, an annual report from consulting firm Mercer.

Hong Kong has been ranked for the fourth time in five years as the world's most expensive city for expats, followed by four Swiss cities: Zurich, Geneva, Basel and Bern.

These cities are the most expensive to live and work abroad

Ankara, the capital of Turkey, closed the ranking of 227 cities as the most affordable in the world for expats.

Interestingly, two of the world's most expensive cities for expats, Zurich and Geneva, are also in the top five of the Global Livability Index, an annual report from The Economist Intelligence Unit (EIU) that assesses which cities around the world offer the conditions better living.

Lucky places with the lowest cost but highest quality of life are Vancouver and Toronto in Canada, Stockholm in Sweden, Lisbon in Portugal and Frankfurt in Germany.

On the other hand, Hong Kong was found to have the highest cost but a lower quality of life than many other countries.