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Strength of euro and GBP causes many European locations to jump in ECA International’s Cost of Living ranking.
Singapore is now the 8th most expensive location for expatriates in Asia, and 13th place globally.
Hong Kong retains position as most expensive location for overseas workers to live and work.
Rental prices in London’s prime locations set to fall, as remote working reduced property demand according to latest rental accommodation report.
The impact of Covid-19 on business travel and overseas assignments has caused monthly rents in Singapore to drop by an average of 2.0% for overseas workers.
Hong Kong retains position as most expensive accommodation for overseas workers, despite a drop of over 5% in rental costs from last year.
Strict lockdowns affect UK-wide Recreational score, causing London to drop to its lowest liveability ranking to date (55th).
Singapore is once again the most liveable location in the world for East Asian expatriates.
Hong Kong is now the 58th most liveable location, a rise of 35 places from last year.
High rental accommodation costs see London rank 6th most expensive location in the world.