DUBLIN IS THE second most expensive city in the eurozone for expats to live in.
That is according to the 23rd Mercer Cost of Living Survey, which was released today. Overall, the capital is the 66th most expensive city in the world in which to live.
The report has seen European cities pushed down the rankings due to a strengthening dollar.
Angolan capital Luanda has taken top spot from Hong Kong, with New York in 9th place and London in 30th.
Noel O’Connor, Principal at Mercer Ireland said:
“Dublin is ranked in 66th position in Mercer’s 2017 Cost of Living Survey for expatriates. The strength of the dollar against the euro means that it is now more affordable for global companies to relocate their expatriates here.
“It is also interesting to note that once again Dublin is the second highest ranked city in the eurozone, behind Paris. The survey identifies cost pressures on expatriate rental accommodation as a key factor in maintaining Dublin’s relatively high ranking when compared to other eurozone cities.”
Only three European cities remain in the top 10 list of most expensive cities for expatriates. Zurich (4) is still the most costly European city on the list, followed by Geneva (7) and Bern (10). Moscow (14) and St. Petersburg (36) surged 53 and 116 places from last year respectively, due to the strong appreciation of the ruble against the US dollar and the cost of goods and services.
O’Connor said that in an environment where workers are moved around the world, Dublin remains an attractive location.
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