Popular

Friday 11 July 2014

Don't you just love the City? Nairobi up 30 spots in expensive cities ranking!

Nairobi has jumped 30 places in an annual global ranking of the most expensive cities for expatriates, a change linked to the high cost of secure housing in prime areas.

The finding echoes recent reports of relatively higher increases in cost of living for upper income city residents. Analysts say that because the shilling has been relatively stable, these increases are felt just as keenly by expats.

According to Mercer, Nairobi is the 117th most expensive of 211 cities surveyed. Last year the city was ranked 147th.

Read more?

0 on: "Don't you just love the City? Nairobi up 30 spots in expensive cities ranking!"