The Covid-19 pandemic has created a great inflation divide between the developed world and emerging markets.
Cost of Living indices are an invaluable tool for global mobility teams. However, when indices are updated to reflect changes in living costs between two locations, assignees may have questions about the updates.
The coronavirus pandemic and the oil-price war are already having big impacts on cost of living around the world.
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With one measure of China's inflation at an eight-year high and another in deflationary territory, you may be struggling to make sense of the country's cost of living. But help is at hand!
Following our most recent Cost of Living Survey, we have prepared an interactive map to help you understand and explain to assignees how key events around the world have affected cost of living indices.
North American locations account for almost a third of the top 100 most expensive locations compared to only five in 2014.
Hong Kong is now the third most expensive location in Asia for expatriates to live, behind Ashgabat and Tokyo.
Singapore is now the seventh most expensive location in Asia for expatriates to live, climbing above Seoul and Shanghai.
Brexit uncertainty causes London to fall to 140th in global rankings, down 94 places since the 2016 referendum.