The cost of living is a key factor to consider when moving abroad. Here is what you need to know about the cost of living in Luanda.
According to the annual cost of living survey report published this Wednesday, June 22 by Mercer International firm, Luanda is the second most expensive city in the world for expatriates. As Hong Kong first, Luanda is followed by Zurich, Singapore and Tokyo.
The survey takes into account the price comparison of over 200 products and services, namely, housing, transportation, clothing, food, household goods and entertainment in 375 cities worldwide. Luanda drops down one place in the ranking due to the weakening of its currency compared the US dollar.
Other African cities such as Kinshasa, Lagos and N'Djamena also rank 6th, 9th and 13th respectively.
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