The cost of living is a key factor to consider when moving abroad. Here is what you need to know about Tokyo.
Mercer International firm released on Wednesday June 22 the results of its annual survey on the cost of living in the world. This year, Tokyo rank 5th among the most expensive cities in the world for expatriates, preceded by Hong Kong, Luanda, Zurich and Singapore. Note that Tokyo climbs up six places compared to last year.
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.
Tokyo's ranking is explained by the strengthening of the Japanese yen while the Chinese yuan is weakening against the US dollar.
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