Seoul is the 8th Most Expensive City in the world (Cost of Living)
Data from #MERCER
Mercer's Cost of Living Survey,
one of the world's most comprehensive,
is designed to help multinational companies and governments
determine compensation allowances for their expatriate employees.
New York is used as the base city,
and all cities are compared against it.
Currency movements are measured against the US dollar.
The survey covers 207 cities across five continents and
measures the comparative cost of more than 200 items in each location,
including housing, transportation, food, clothing,
household goods, and entertainment.
Governments and major companies use data from this survey
to protect the purchasing power of their employees
when transferred abroad and
to assess local expatriate housing allowances.
Data from #MERCER
Mercer's Cost of Living Survey,
one of the world's most comprehensive,
is designed to help multinational companies and governments
determine compensation allowances for their expatriate employees.
New York is used as the base city,
and all cities are compared against it.
Currency movements are measured against the US dollar.
The survey covers 207 cities across five continents and
measures the comparative cost of more than 200 items in each location,
including housing, transportation, food, clothing,
household goods, and entertainment.
Governments and major companies use data from this survey
to protect the purchasing power of their employees
when transferred abroad and
to assess local expatriate housing allowances.