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Jun 22, 2009
Luanda Voted as World’s Most Expensive City
- Angelica V. Cruz Email this article


Luanda, the capital of Angola is voted as the most expensive city in the world for expatriates and foreign workers, according to the latest Cost of Living survey conducted by the ECA International.


Angola mostly depend on their oil, enjoyed an unprecedented economic boom since a 27-year civil war ended in 2002 that attracts an influx of foreign workers.


Due to the war that mostly damaged the industry, the government of Angola has to import food, construction materials and other goods that drives up the cost.


Decent apartments in Luanda costs for about $15,000 (€10,700) a month, a basic meal can cost $100 and imported European cheese sells for about $15 a piece.


Japan however dominates the top lists, having Tokyo on the second place, followed by Nagoya, Yokohama and Kobe.


Other cities cited are Copenhagen (Denmark), Oslo (Norway), Geneva and the Swiss cities of Geneva, Zurich and Basel.


Maseru in the small mountain state of Lesotho was voted as the cheapest city for expats in the world.


ECA’s cost of living survey is conducted twice a year, compares a selection of 125 consumer goods and services in over 370 locations worldwide.






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