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Tokyo – the most expensive city for expats

Via: Huffington Post

Thinking about wrapping up the U.S. portion of your life and bouncing to Japan? First consider asking for a raise.

That’s because a huge number of cities in Japan rank among the most expensive in the world, making them a tough landing pad for any newly-declared expatriates, according to an annual survey by human resource consulting firm Mercer. The survey, which examined 214 cities across the globe, based their cost-of-living calculation on the cost of transportation, food, clothing, household goods and entertainment expenses.


The main reason Japanese cities are so DARNED expensive?

Currency valuations, basically.

Just to take an example, because of the strength of the Yuan compared to the U.S. dollar, a pair of Tokyo blue jeans costs nearly three times what it would in New York, according to the report.





The Yuan is the currency of China

The Yen is the currency of Japan


Except for that darn little mistake; TERRIFIC article!


June 14, 2012 Posted by | Uncategorized | , , , , , , , , , | Leave a comment