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Asia's 25 Most Expensive Cities |
| Source: |
asiaone.com |
| Source Date: |
Friday, June 10, 2011 |
| Focus: |
Electronic and Mobile Government, Citizen Engagement, Internet Governance
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| Created: |
Jun 14, 2011 |
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While Singapore has overtaken Hong Kong in the list of Asia's most expensive cities, Tokyo remains the most expensive location for international assignees.
This is according to a biannual survey conducted by human resource firm ECA International, which measures a basket of common items purchased by expatriates in more than 400 locations globally, such as dairy produce, vegetables, clothing and meals out.
In the latest survey, conducted in March, Tokyo retained the top position, not only in Asia, but also globally.
Although Japan is the only Asian country surveyed where the actual cost of goods in the ECA basket of goods has fallen, a strong currency and already higher costs for goods mean that cost of living for assignees is significantly more expensive than in other locations in the top ten.
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