×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Moscow Ranking for Expat Living Costs Falls 65 Places in 3 Years

Moscow has dropped 17 spots in this year’s rankings of the world’s most expensive cities for foreigners, a report by the Mercer Human Resource consulting group said Wednesday, falling to 67 on the firm’s list.

The change in rank has been driven largely by the ruble’s dramatic fall in value against the U.S. dollar. Since 2013, when Moscow was ranked the world’s second most expensive city for expats, living costs in the Russian capital have fallen steadily.

St. Petersburg, another popular city for expats in Russia, has seen an even more dramatic decline since 2013, when it was ranked 23rd. On this year’s ranking, the city took 152nd place.

Hong Kong took first place in the survey, followed by Angolan capital Luanda. In Europe, London fell five places to 17th, while the majority of other European capitals remained steady. Many U.S. cities rose in the rankings due to the dollar’s increasing strength against other currencies, with New York rising five spots to claim 11th place, the report found.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more