How do rental costs compare when relocating your staff across the globe?
Research shows that appropriate housing for your assignees leads to greater business success. AIRINC has found that the correct housing budget consistently achieves many goals, including enhanced recruitment and retention of employees.
AIRINC surveys housing in over 400 locations around the globe each year. The following lists were compiled using data collected over the past year to provide a glimpse into international cost differences. All costs converted to USD using the exchange rate at the time of our survey.
Top-10 Most Expensive Cities for Expatriate Rental Housing:
1. Hong Kong
2. Tokyo, Japan
3. London, United Kingdom
4. Hamilton, Bermuda
5. Moscow, Russia
6. New York NY, United States
7. Luanda, Angola
8. San Francisco CA, United States
9. Shanghai, China
10. Seoul, Korea