Beirut Replacing Abu Dhabi as Most Expensive City in Middle East
The Mercer's 2012 Worldwide Cost of Living Survey found that Beirut is the most expensive city to live in this year in the Middle East.
According to the survey, Beirut is 67th most expensive city in the world, moving up eight notches.
Mercer's survey factors in the cost of living for 214 cities globally. The study measures the comparative cost of more than 200 factors in each location, including housing, transport, food and clothing costs.
The most expensive city in the region in last year's survey, Abu Dhabi, is the 76th most expensive city in the world to live in this year, which is down from 67 last year.
Tokyo is the most expensive city in the world for expatriates, displacing Luanda, Angola, which dropped to second place.
Top 5 most expensive cities, globally, for 2012:
1 Tokyo, Japan
2 Luanda, Angola
3 Osaka, Japan
4 Moscow, Russia
5 Geneva, Switzerland
Top 5 most expensive cities, in the Middle East, for 2012:
1 Beirut, Lebanon
2 Abu Dhabi, UAE
3 Dubai, UAE
4 Amman, Jordan
5 Riyadh, Saudi Arabia
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