For those expatriates bemoaning the cost of a burger in Geneva or rent in Tokyo, it could be worse. They could be living in Luanda.
The tight supply of international standard housing in Luanda has put the Angolan capital top of the list of the most expensive cities in the world, according to a survey by consultants Mercer of the costs of living abroad. It held the same position last year as the oil boom continues to suck in expats.
A rush for hydrocarbons has similarly pushed N’Djamena, Chad’s largest city, up into second place as some cities more commonly associated with a high cost of living have dropped down the rankings
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