Download - Ernst & Young T Magazine
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Focus Living costs Credit: Keystone / Laif / Multhaupt<br />
Average monthly rent of 2 bedroom furnished<br />
apartment in Tokyo, Japan.<br />
US$ 12,331.21<br />
Most expensive cities<br />
Tokyo US$ 12331.21<br />
Osaka US$ 8006.60<br />
London US$ 7741.94<br />
Hong Kong US$ 6974.75<br />
New York US$ 6333.33<br />
Cheapest cities<br />
Karachi US$ 718.24<br />
Cairo US$ 621.85<br />
New Delhi US$ 596.93<br />
Panama City US$ 291.67<br />
Kathmandu US$ 477.75<br />
Until recent years, the typically low costs of living in many emerging markets made expatriate assignments relatively luxurious.<br />
But living costs in many emerging market cities, from Luanda to Moscow to Shanghai, now outstrip New York, the usual baseline city.<br />
26 T <strong>Magazine</strong> Issue 07 <strong>Ernst</strong> & <strong>Young</strong>
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