DCSIMG
Mercer
Mercer's 2009 cost of living survey

Contact: hrsolutions.ap@mercer.com
Tel: +65 6327 5377


Mercer's 2009 Cost of Living survey highlights - Asia Pacific


 

REPORT HIGHLIGHTS
Global overview
Americas
Asia Pacific
Europe, Middle East and Africa  

 

Worldwide Cost of Living Reports


The key to designing accurate expatriate compensation packages - 2009 edition on sale now!

 

Cost of Living report 2009 covershot

 

City to city comparisons:

USD 390

EUR 300

 

Purchase reports

Top 5 cities - Cost of living

  • Tokyo, Japan (1st)
  • Osaka, Japan (2nd)
  • Hong Kong, Hong Kong (5th)
  • Beijing, China (9th)
  • Singapore, Singapore (10th)

 

The inflation observed on Mercer International basket in Asia is lower than for March 2008 edition. The decline of gasoline prices is one of the main drivers for low inflation rates. 

 

Due to the economic down turn, most Asian Pacific rental real estate markets have experienced a slow down in 2008.

 

Some cities have been highly impacted; this is Hong Kong, Singapore and Tokyo. Indian cities, such as Mumbai, New Delhi have also experienced some strong corrections. In other locations such as Beijing and Shanghai in China, Hanoi and Ho Chi Minh in Vietnam the markets are starting to soften. Australia’s housing market is cooling fast after years of house price increases however rental prices are showing signs of increase in Sydney as demand remains strong.

 


 


Keep your finger on the pulse of global mobility

Sign up to receive our Global Mobility e-newsletterMercer
produces a quarterly Global Mobility e-newsletter for the APAC, American & European regions