Hong Kong - Cost of Living April 2018

The cost of living for expatriates in Hong Kong as at 1 April 2018 is very high in comparison to other places in the world.

Hong Kong is for example 85.9% more expensive than Houston TX for groceries, 337.5% more expensive for household costs than Kuala Lumpur, and 52.1% more expensive for transport costs than Dubai.

The economy of Hong Kong is characterised by the principle of "one country, two systems", whereby Hong Kong runs on economic and political systems different from those of mainland China. Hong Kong is one of the world's leading international financial centres, with a major capitalist service economy characterized by low taxation, free trade and minimum government intervention under the ethos of positive non-interventionism.

https://www.xpatulator.com/cost-of-living-review/China-Hong-Kong_50.cfm

Asia Pacific Expat Cost of Living April 2018

Hong Kong is the overall most expensive city in Asia-Pacific and is the second most expensive city in the world (after Luanda) as at April 2018.

Singapore remains the second most expensive city in the Asia-Pacific region for expatriates (3rd most expensive in the world) and tops the region rankings when costs related to housing, education, medical and transport are excluded.

Tokyo is the third most expensive city in Asia-Pacific, and 8th globally. Japanese locations have remained high in the rankings with 6 cities in the Asia-Pacific top 10 most expensive places.

https://www.xpatulator.com/cost-of-living-article/Asia-Pacific-Expat-Cost-of-Living-Comparison_709.cfm

Singapore - Cost of Living April 2018

The cost of living for expatriates / professional migrants in Singapore as at 1 April 2018 is very high in comparison to other places in the world.

Singapore remains the second most expensive city in the Asia-Pacific region for expatriates (3rd most expensive in the world) and tops the region rankings when costs related to housing, education, medical and transport are excluded. Singapore's education system, which is widely regarded as the best in the world, is also the most expensive for expatriates when priced in US Dollars, the cost of housing is also extremely high due to the limited space and premium on high quality expatriate accommodation, while the complex Certificate of Entitlement system makes car prices excessive, resulting in Singapore’s transport costs being among the highest in the world.

https://www.xpatulator.com/cost-of-living-review/Singapore-Singapore_178.cfm

America Expat Cost of Living April 2018

Hamilton in Bermuda is the most expensive location in the Americas as at April 2018, in 7th place globally; this is due to the high price of property and the fact that most items have to be transported to Bermuda adding a great deal to the cost of expatriate items. New York (Manhattan) NY is the second most expensive location in the Americas, the most expensive city in the USA in 9th place worldwide, this is mainly due to the highly priced rental property market. The second most expensive city in the USA is San Jose CA ranked 3rd in the region.

https://www.xpatulator.com/cost-of-living-article/America-Expat-Cost-of-Living-Comparison_710.cfm

Latest International Inflation Rates - April 2018

The latest available inflation rate for all countries world wide (as available on 3 April 2018):
3.1% for Afghanistan as at November 2017.
2.1% for Albania as at February 2018.
3.01% for Algeria as at January 2018.
21.47% for Angola as at February 2018.
3.1% for Anguilla as at 2014.
1.4% for Antigua and Barbuda as at 2012.
25.4% for Argentina as at February 2018.
3.3% for Armenia as at February 2018.
1.1% for Aruba as at January 2018.
1.9% for Australia as at December 2017.
1.8% for Austria as at February 2018.
4.7% for Azerbaijan as at February 2018.
1.8% for the Bahamas as at December 2017.
3.1% for Bahrain as at February 2018.
5.83% for Bangladesh as at December 2017.
3.4% for Barbados as at July 2017.
4.9% for Belarus as at February 2018.
1.39% for Belgium as at March 2018.
0.9% for Belize as at January 2018.
0.9% for Benin as at January 2018.
1.7% for Bermuda as at April 2017.
3.96% for Bhutan as at December 2017...

https://www.xpatulator.com/cost-of-living-article/Latest-International-Inflation-Rates_712.cfm