Mercer - Cost of Living
The figures for Mercer's cost of living and rental accommodation costs comparisons are based on a survey conducted in March 2009. The 2009 comparisons are based on a similar survey conducted in March 2008. The information is used by governments and major companies to protect the purchasing power of their employees when transferred abroad; rental accommodation costs data is used to assess local expatriate housing allowances. The choice of cities surveyed is based on the demand for corresponding data from companies and governmental organizations.
Reproduced with permission from Mercer.
|Hong Kong||Hong Kong||5||108.7|
|New York City||US||8||100|
Notes and References
Base City: New York, US (=100)
The Cost of Living Indices above have been prepared specifically for the purpose of the press release. The indices are based on Mercer's cost of living database and are modified to include housing and and to reflect constant weighting and basket items. The results may differ from those calculated by Mercer's client who use the results solely for the purpose of expatriate compensation. We do not recommend that expatriates use the figures represented here to compare with their own compensation packages.
The following list of indices is a comparitive global selection of public lists ranking cities and countries on various metrics. The biocity health index is under development and will provide a ranking of global cities based on the twelve biocity systems. An index comparison visualiser is also under development.
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