Recent research shows that Hong Kong remains the most expensive city in the world to live in. The soaring cost of living coupled with strict social distancing restrictions and travel restrictions, has led to a significant loss of talent as people move to other countries.
ECA International, a human resources consultancy firm, recently published a study on cost of living and found Hong Kong to be the world’s most expensive city to live in. The conclusion is driven by factors such as inflation and the strong Hong Kong dollar.
