June 12, 2012|Eileen Ambrose
Mercer released its latest survey of the most expensive cities to live for expatriates. Tokyo is the priciest — last year it was No. 2 — followed by Luanda, Angola, and Osaka, Japan.
The United States seems like a bargain. Out of the 214 most expensive cities worldwide, no U.S. city makes the list until New York weighs in as No. 33. Los Angeles is the second priciest city here, coming in 68th worldwide, followed by No. 90 San Francisco.
Mercer came up with the list by measuring transportation, food, clothing, entertainment, housing — the latter being the largest expense for those living outside their own country.
Mercer noted that European cities fell in the rankings because of the weak euro and other local currencies against the dollar.
I checked all 214, and discovered I have been to 37 of the priciest cities. I need to find cheaper vacations.