Cost of Living - Asia Pacific July 2013

The most expensive countries in Asia Pacific for expatriates to live in are: Australia; Japan; Micronesia; New Caledonia; and New Zealand. The most expensive cities for expatriates to live in are: Hong Kong (the third most expensive in the world); Tokyo; Sydney; Singapore and Yokohama. The cheapest city for expatriates to live in is Medanin Indonesia (27th cheapest in the world). The biggest mover down the rankings is South Tarawa in Kiribati, which has dropped from 148th in April to become the 314th most expensive location in the world. The biggest mover up the rankings is Tashkent in Uzbekistan, which has risen from 500th in April to become the 370th most expensive location in the world.

Xpatulator’s Cost of Living rankings are released every quarter and measure the comparative cost of living for expatriates in 780 cities, covering every country worldwide. The cost of 13 basket groups with over 140 items are compared in each location, these include alcohol and tobacco, clothing, communication, education, furniture and appliances, groceries, healthcare, housing, personal care, recreation and culture, restaurants-meals-out and hotels, and transport.

To provide an assignee, sent from a low cost of living country to a more expensive country, with a similar purchasing power to what they have in their home country, requires an adjustment to their assignment salary. The amount of adjustment depends on which country they come from. The larger the difference in cost of living, the larger the adjustment required to ensure a similar level of purchasing power in the host country.

The below ranking shows the overall Cost of Living Rankings in Asia Pacific by city:

The below ranking shows the Cost of Living Rankings in Asia Pacific by city excluding housing, education, healthcare and transport basket groups:

Reference
The cost of living ranking information contained in this article is updated quarterly using data collected by Xpatulator.com over the past 12 months. The international cost of living indexes, on which the rankings are based, is only available using Xpatulator.com's online expatriate calculators that enable users to create personalized cost of living comparison reports which include:

Published by Xpatulator.com on 1 July 2013.

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