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Adelaide drops 25 places in annual cost of living survey

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    Mercer released it's latest annual 'Cost of Living' survey this month and Adelaide has fallen twenty five spots from it's 2013 ranking.

     

    Sydney, currently ranked Australia’s most expensive city for expatriates, has dropped seventeen places from nine to twenty-six. Melbourne (33) dropped seventeen places, Perth (37) fell nineteen spots, Brisbane (52) and Canberra (53) dropped outside the top fifty after having both previously been inside the top thirty.

     

    Garry Adams, Leader of Mercer’s Talent Business, Pacific said, “The results of our latest Cost of Living Index are promising for companies considering establishing headquarters in Australia or relocating expats.”

    “The drop in rankings mean Australia becomes more attractive for global talent because ex-pats’ dollars will go further, it does not mean that Australian cities have become cheaper for Australians.

    “Changes in the value of the Australian dollar against the US dollar are the primary reasons for the drop in our rankings,” said Mr Adams.

     

    The strengthening of the Chinese yuan and currencies in Western Europe against the US dollar has also seen countries in these regions become more expensive, and drive Australian and New Zealand cities down the list.

     

    “We know Australian cities are already a very attractive location for corporates due to our high quality of living, multicultural and multi-lingual workforce and Asian region time zone. The drop in costs means they become even more attractive as a location for global assignments. Companies will find it easier to justify using one of the major Australian cities as a headquarter for their Asia Pacific operations,” said Mr Adams.

     

    “Compared to last year, where Sydney sat within the top 10 most expensive cities globally, we were looking at ensuring salaries adequately reflected the difference in cost of living to an employee’s home country in order to attract and retain talent. Now, we’re provided with a lot more flexibility in setting salaries and attracting employees from the global talent pool, knowing the expat dollar will go a lot further here,” he said.

     

    Mercer's authoritative survey is one of the world’s most comprehensive, and is designed to help multinational companies and governments determine compensation allowances for their expatriate employees. New York is used as the base city, and all cities are compared against it. Currency movements are measured against the US dollar.

     

    The survey covers 211 cities across five continents and measures the comparative cost of over 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment.

     

    “Rankings in many regions were affected by recent world events, including economic and political upheavals, which resulted in currency fluctuations, cost inflation for goods and services, and volatility in accommodation prices,” said Ed Hannibal, Partner and Global Leader for Mercer’s Mobility practice.

     

     

    Mercer Cost of Living Survey – Worldwide Rankings 2014

     

    [TABLE]

    [TR]

    [TD]2013[/TD]

    [TD]2014[/TD]

    [TD]City[/TD]

    [TD]Country[/TD]

    [/TR]

    [TR]

    [TD]1[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]1[/TD]

    [TD=width: 150, bgcolor: #a6e2ef]Luanda[/TD]

    [TD=width: 250, bgcolor: #a6e2ef]Angola[/TD]

    [/TR]

    [TR]

    [TD=width: 100]4[/TD]

    [TD=width: 100]2[/TD]

    [TD=width: 200]N'Djamena[/TD]

    [TD=width: 200]Chad[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]6[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]3[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Hong Kong[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Hong Kong[/TD]

    [/TR]

    [TR]

    [TD=width: 100]5[/TD]

    [TD=width: 100]4[/TD]

    [TD=width: 200]Singapore[/TD]

    [TD=width: 200]Singapore[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]8[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]5[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Zurich[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Switzerland[/TD]

    [/TR]

    [TR]

    [TD=width: 100]7[/TD]

    [TD=width: 100]6[/TD]

    [TD=width: 200]Geneva[/TD]

    [TD=width: 200]Switzerland[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]3[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]7[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Tokyo[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Japan[/TD]

    [/TR]

    [TR]

    [TD=width: 100]9[/TD]

    [TD=width: 100]8[/TD]

    [TD=width: 200]Bern[/TD]

    [TD=width: 200]Switzerland[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]2[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]9[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Moscow[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Russia[/TD]

    [/TR]

    [TR]

    [TD=width: 100]14[/TD]

    [TD=width: 100]10[/TD]

    [TD=width: 200]Shanghai[/TD]

    [TD=width: 200]China[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]15[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]11[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Beijing[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]China[/TD]

    [/TR]

    [TR]

    [TD=width: 100]25[/TD]

    [TD=width: 100]12[/TD]

    [TD=width: 200]London[/TD]

    [TD=width: 200]United Kingdom[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]22[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]13[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Victoria[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Seychelles[/TD]

    [/TR]

    [TR]

    [TD=width: 100]13[/TD]

    [TD=width: 100]14[/TD]

    [TD=width: 200]Seoul[/TD]

    [TD=width: 200]South Korea[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]17[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]15[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Copenhagen[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Denmark[/TD]

    [/TR]

    [TR]

    [TD=width: 100]24[/TD]

    [TD=width: 100]16[/TD]

    [TD=width: 200]New York City[/TD]

    [TD=width: 200]United States[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]29[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]17[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Shenzhen[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]China[/TD]

    [/TR]

    [TR]

    [TD=width: 100]32[/TD]

    [TD=width: 100]18[/TD]

    [TD=width: 200]Tel Aviv[/TD]

    [TD=width: 200]Israel[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]21[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]19[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Libreville[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Gabon[/TD]

    [/TR]

    [TR]

    [TD=width: 100]33[/TD]

    [TD=width: 100]20[/TD]

    [TD=width: 200]Kinshasa[/TD]

    [TD=width: 200]Congo, Democratic Republic of[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]11[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]20[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Oslo[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Norway[/TD]

    [/TR]

    [TR]

    [TD=width: 100]45[/TD]

    [TD=width: 100]22[/TD]

    [TD=width: 200]Nouméa[/TD]

    [TD=width: 200]New Caledonia[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]12[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]23[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Osaka[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Japan[/TD]

    [/TR]

    [TR]

    [TD=width: 100]35[/TD]

    [TD=width: 100]24[/TD]

    [TD=width: 200]Guangzhou[/TD]

    [TD=width: 200]China[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]36[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]25[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Lagos[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Nigeria[/TD]

    [/TR]

    [TR]

    [TD=width: 100]9[/TD]

    [TD=width: 100]26[/TD]

    [TD=width: 200]Sydney[/TD]

    [TD=width: 200]Australia[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]37[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]27[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Paris[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]France[/TD]

    [/TR]

    [TR]

    [TD=width: 100]40[/TD]

    [TD=width: 100]28[/TD]

    [TD=width: 200]Brazzaville[/TD]

    [TD=width: 200]Congo, Republic of[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]39[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]29[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Bamako[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Mali[/TD]

    [/TR]

    [TR]

    [TD=width: 100]41[/TD]

    [TD=width: 100]30[/TD]

    [TD=width: 200]Milan[/TD]

    [TD=width: 200]Italy[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]44[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]31[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Rome[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Italy[/TD]

    [/TR]

    [TR]

    [TD=width: 100]48[/TD]

    [TD=width: 100]32[/TD]

    [TD=width: 200]Vienna[/TD]

    [TD=width: 200]Austria[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]16[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]33[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Melbourne[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Australia[/TD]

    [/TR]

    [TR]

    [TD=width: 100]46[/TD]

    [TD=width: 100]34[/TD]

    [TD=width: 200]Conakry[/TD]

    [TD=width: 200]Guinea[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]23[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]35[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]St. Petersburg[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Russia[/TD]

    [/TR]

    [TR]

    [TD=width: 100]49[/TD]

    [TD=width: 100]36[/TD]

    [TD=width: 200]Abuja[/TD]

    [TD=width: 200]Nigeria[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]18[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]37[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Perth[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Australia[/TD]

    [/TR]

    [TR]

    [TD=width: 100]42[/TD]

    [TD=width: 100]38[/TD]

    [TD=width: 200]Stockholm[/TD]

    [TD=width: 200]Sweden[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]52[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]39[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Amsterdam[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Netherlands[/TD]

    [/TR]

    [TR]

    [TD=width: 100]51[/TD]

    [TD=width: 100]40[/TD]

    [TD=width: 200]Dakar[/TD]

    [TD=width: 200]Senegal[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]26[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]40[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Nagoya[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Japan[/TD]

    [/TR]

    [TR]

    [TD=width: 100]55[/TD]

    [TD=width: 100]42[/TD]

    [TD=width: 200]Helsinki[/TD]

    [TD=width: 200]Finland[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]38[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]43[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Abidjan[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Cote d'Ivoire[/TD]

    [/TR]

    [TR]

    [TD=width: 100]46[/TD]

    [TD=width: 100]44[/TD]

    [TD=width: 200]Douala[/TD]

    [TD=width: 200]Cameroon[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]55[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]44[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Yaoundé[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Cameroon[/TD]

    [/TR]

    [TR]

    [TD=width: 100]57[/TD]

    [TD=width: 100]46[/TD]

    [TD=width: 200]Baku[/TD]

    [TD=width: 200]Azerbaijan[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]69[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]47[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Nanjing[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]China[/TD]

    [/TR]

    [TR]

    [TD=width: 100]65[/TD]

    [TD=width: 100]48[/TD]

    [TD=width: 200]Qingdao[/TD]

    [TD=width: 200]China[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]19[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]49[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Sao Paulo[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Brazil[/TD]

    [/TR]

    [TR]

    [TD=width: 100]67[/TD]

    [TD=width: 100]50[/TD]

    [TD=width: 200]Tianjin[/TD]

    [TD=width: 200]China[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]61[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]51[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Dublin[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Ireland[/TD]

    [/TR]

    [TR]

    [TD=width: 100]28[/TD]

    [TD=width: 100]52[/TD]

    [TD=width: 200]Brisbane[/TD]

    [TD=width: 200]Australia[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]27[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]53[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Canberra[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Australia[/TD]

    [/TR]

    [TR]

    [TD=width: 100]79[/TD]

    [TD=width: 100]54[/TD]

    [TD=width: 200]Shenyang[/TD]

    [TD=width: 200]China[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]81[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]55[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Munich[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Germany[/TD]

    [/TR]

    [TR]

    [TD=width: 100]69[/TD]

    [TD=width: 100]56[/TD]

    [TD=width: 200]Brussels[/TD]

    [TD=width: 200]Belgium[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]77[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]56[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Luxembourg[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Luxembourg[/TD]

    [/TR]

    [TR]

    [TD=width: 100]54[/TD]

    [TD=width: 100]58[/TD]

    [TD=width: 200]Auckland[/TD]

    [TD=width: 200]New Zealand[/TD]

    [/TR]

    [TR]

    [TD=width: 100, bgcolor: #a6e2ef]34[/TD]

    [TD=width: 100, bgcolor: #a6e2ef]59[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Adelaide[/TD]

    [TD=width: 200, bgcolor: #a6e2ef]Australia[/TD]

    [/TR]

    [/TABLE]

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    Guest Guest12727

    Amazing what the change in exchange rate has done. All Aus cities have dropped about the same amount.

     

    There was a thread recently debating the fact that things aren't so much more expensive compared to UK now as they were and this seems to support that.

     

    I just noticed that London is the only UK city listed, and unsurprisingly sits above any Aus city, are other UK cities tested? If so they must all be below all Aus cities.

    Edited by Guest12727

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    Interesting read - a lot of those cities are in developing world countries which makes you wonder just how hard it must be to live in those places; although we're not wealthy we really do have a higher standard of living and the means to get by.

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    Hi All, We are looking to move to Adelaide by mid next year, after speaking to friends and close relations in already in Oz (but not in Adelaide) Ive come up with the following monthly budget for the first year or so. Please have a look and see if it is realistic. Thanks

     

    Monthly Basic Expences

     

    Rent 350x4 3 bedroom apartment/ house 40 minutes away from the CBD 1400

    Food 500

    Electricity/Gas 100

    Petrol 100

    Mobile 120

    Car insuarance 50

    Extras 200

    internet 50

    health insuarance for me, my wife and 2 young kids 250

    Metro Card for daily commute to work in the CBD - God willing 117

     

    Total for a young family of 4 Au $2887

     

    Obviously the above doesn't include the initial staring up costs etc. would like to what you think.

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    Guest Spitfire
    Hi All, We are looking to move to Adelaide by mid next year, after speaking to friends and close relations in already in Oz (but not in Adelaide) Ive come up with the following monthly budget for the first year or so. Please have a look and see if it is realistic. Thanks

     

    Monthly Basic Expences

     

    Rent 350x4 3 bedroom apartment/ house 40 minutes away from the CBD 1400

    Food 500

    Electricity/Gas 100

    Petrol 100

    Mobile 120

    Car insuarance 50

    Extras 200

    internet 50

    health insuarance for me, my wife and 2 young kids 250

    Metro Card for daily commute to work in the CBD - God willing 117

     

    Total for a young family of 4 Au $2887

     

    Obviously the above doesn't include the initial staring up costs etc. would like to what you think.

     

    Two of us have already answered this in the last thread you posted it on. Check your previous posts to navigate there.

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