Hong Kong is the most expensive city in the world for expats, according to a recent study.
According to a survey by Mercer, a renowned asset management firm in the United States, Hong Kong ranks first in the 2022 Cost of Living for Expat Employees, followed by Zurich and Geneva. Three Asian cities—Singapore, Tokyo, and Beijing—made it into the top 10, ranking eighth, ninth, and tenth respectively. In its report, Mercer notes that the high rankings of many Asian cities are driven by inflation and strong currency policy.
