cost of living

Luanda: up go the costs

If you thought that London / HK / Mumbai / [enter your city here] was a bit on the expensive side, spare a thought for those in Luanda and Juba.

The capitals of Angola and South Sudan are the 1st and 3rd most pricey oil and gas towns in the world for expats, according to hydrocarbons news provider Rigzone. Sifting through the latest cost of living data produced by ECA and Mercer International, Rigzone reckons both capitals now beat Perth and Moscow, and are separated only by Norway’s Stavanger, when it comes to their power to lighten your wallet. Continue reading »

Venezuela, the birthplace of “21st century socialism”, is a land of anomalies. Here’s a great example: on Monday we learned that the capital of the socialist state, Caracas, is the most expensive city in the Americas, and the ninth priciest in the world, according to the Economist Intelligence Unit (EIU)Continue reading »