The consulting company Mercer has released the latest statistics on the most expensive cities in the world for foreigners. In the first place turned out to be Ashgabat, the capital of Turkmenistan in Central Asia, a city of about one million inhabitants. According to the data, Ashgabat topped the cost of living report for 2021.
Behind him is Hong Kong, which ranked second, followed by Beirut in Lebanon and Tokyo in Japan.
The annual report lists 209 cities based on the cost of expenses such as housing, transportation and food. The company analyzed more than 200 goods and services for the report, which was created to help companies and governments around the world determine how much foreign employees should be paid.
Most cities in the top 10 ranked by Mercer are business centers, where economic growth has led to an increase in the price of housing and other living costs.
How is Tirana in relation to the countries of the region
In the 209 cities under consideration, there is also Tirana, which is ranked 152nd, and compared to a year ago, has become more expensive. In 2020, Tirana was in 163rd place. By the cost of living for foreigners, the capital ranks at the same level as the city of Mexico in Mexico, Kuala Lumpur in Malaysia and the city of Rabat in Morocco.
Serbia's Belgrade ranks 163rd, up 20 places from last year 's report. Skopje ranks 192nd out of 202, Sofia 165th out of 180. Istanbul has become cheaper for foreigners compared to years. It ranks 173rd out of 156th a year ago.
What about the least expensive city? According to Mercer, it turns out to be Bishkek, a city in Kyrgyzstan.
Source: Monitor.al
