When relocating, people are usually caught completely off guard by some of required expenses. There are many expenses attributed to relocation, not all of which can be planned in advance. We cover the most important expenses that a family of three can expect. The missing expenses depend upon too many factors to be included in our calculations. These include those for traveling back and forth between countries (relative to country of origin and season of travel), furniture costs (some individuals might bring their own, or rent a furnished apartment). Some countries have particularly high costs attributed to certain items that can raise the annual cost. For example, Singapore has a heavy tax on cars; other places like St. Helier have a very restrictive property market. The UAE is a very affordable place to live; its high tax on alcohol made it lose a couple of places in the ranking, but if you do not consume much or any alcohol, this will not be a factor. Goods in the U.S.A. are very cheap in comparison to other western countries, but it has the highest cost of health care and education in the world.

 
COUNTRY CITY CoLI21 Health Care Cost of living Rent - Apartment (3 bedrooms) in City Centre University Fees U. Fee Type Annual Costs of Living Annual Cost with Uni.
1 Pakistan Lahore 0.89 $ 3,500 $ 15,600 $ 290 $ 50 Local $ 22,580 $ 22,630
2 Pakistan Karachi 0.88 $ 3,500 $ 16,800 $ 300 $ 50 Local $ 23,900 $ 23,950
3 India Kolkata 0.88 Public $ 19,200 $ 450 $ 50 Local $ 24,600 $ 24,650
4 Algeria Algiers 0.87 Public $ 20,400 $ 450 $ 50 Local $ 25,800 $ 25,850
5 India Hyderabad 0.86 Public $ 19,200 $ 490 $ 2,000 Local $ 25,080 $ 27,080
6 Tunisia Tunis 0.85 Public $ 24,000 $ 420 $ 50 Local $ 29,040 $ 29,090
7 Colombia Cali 0.85 Public $ 24,000 $ 450 $ 50 Local $ 29,400 $ 29,450
8 China Wuxi 0.84 Public $ 22,800 $ 550 $ 2,000 Local $ 29,400 $ 31,400
9 Brazil Belo Horizonte 0.84 Public $ 24,000 $ 470 $ 2,000 Local $ 29,640 $ 31,640
10 Colombia Medellin 0.84 Public $ 26,400 $ 490 $ 50 Local $ 32,280 $ 32,330
11 Kazakhstan Astana 0.83 Public $ 25,200 $ 600 $ 1,000 Local $ 32,400 $ 33,400
12 Brazil Rio de Janeiro 0.83 Public $ 25,200 $ 680 $ 50 Local $ 33,360 $ 33,410
13 Venezuela Caracas 0.83 $ 3,500 $ 22,800 $ 610 $ 50 Local $ 33,620 $ 33,670
14 Uzbekistan Tashkent 0.82 $ 3,500 $ 22,800 $ 580 $ 2,000 Local $ 33,260 $ 35,260
15 Moldova Chisinau 0.82 Public $ 27,600 $ 540 $ 1,200 Local $ 34,080 $ 35,280
16 China Chengdu 0.82 Public $ 25,200 $ 700 $ 2,000 Local $ 33,600 $ 35,600
17 China Ningbo 0.82 Public $ 26,400 $ 660 $ 2,000 Local $ 34,320 $ 36,320
18 Argentina Buenos Aires 0.82 Public $ 28,800 $ 550 $ 1,000 Local $ 35,400 $ 36,400
19 Mongolia Ulaanbaatar 0.82 $ 3,500 $ 22,800 $ 630 $ 2,600 Local $ 33,860 $ 36,460
20 Brazil Brasilia 0.82 Public $ 25,200 $ 780 $ 2,000 Local $ 34,560 $ 36,560
21 China Changsha 0.82 Public $ 26,400 $ 700 $ 2,000 Local $ 34,800 $ 36,800
22 China Chongqing 0.81 Public $ 28,800 $ 530 $ 2,000 Local $ 35,160 $ 37,160
23 India New Delhi 0.81 $ 3,500 $ 22,800 $ 590 $ 4,000 Local $ 33,380 $ 37,380
24 Georgia Tbilisi 0.81 $ 3,500 $ 22,800 $ 710 $ 2,700 Local $ 34,820 $ 37,520
25 China Shenyang 0.81 Public $ 28,800 $ 570 $ 2,000 Local $ 35,640 $ 37,640
26 Kazakhstan Almaty 0.81 Public $ 24,000 $ 650 $ 6,000 Local $ 31,800 $ 37,800
27 Bolivia La Paz 0.81 $ 3,500 $ 25,200 $ 640 $ 2,000 Local $ 36,380 $ 38,380
28 Morocco Dakhla 0.81 $ 3,500 $ 25,128 $ 650 $ 2,000 Foreign $ 36,428 $ 38,428
29 Sri Lanka Colombo 0.81 Public $ 25,200 $ 1,140 $ 50 Local $ 38,880 $ 38,930
30 Albania Durres 0.81 $ 3,500 $ 27,600 $ 490 $ 2,000 Local $ 36,980 $ 38,980
31 Honduras San Pedro Sula 0.80 $ 3,500 $ 26,400 $ 570 $ 2,400 Local $ 36,740 $ 39,140
32 Azerbaijan Baku 0.80 $ 3,500 $ 26,400 $ 700 $ 900 Local $ 38,300 $ 39,200
33 China Wuhan 0.80 Public $ 28,800 $ 710 $ 2,000 Local $ 37,320 $ 39,320
34 Vietnam Hanoi 0.80 $ 3,500 $ 26,400 $ 770 $ 200 Local $ 39,140 $ 39,340
35 Brazil Sao Paulo 0.80 Public $ 28,800 $ 890 $ 100 Local $ 39,480 $ 39,580
36 China Qingdao 0.80 Public $ 26,400 $ 980 $ 2,000 Local $ 38,160 $ 40,160
37 Macedonia Skopje 0.80 Public $ 27,600 $ 530 $ 7,000 Foreign $ 33,960 $ 40,960
38 Paraguay Asuncion 0.80 $ 3,500 $ 26,400 $ 590 $ 4,000 Local $ 36,980 $ 40,980
39 China Foshan 0.79 $ 3,500 $ 27,600 $ 730 $ 2,000 Local $ 39,860 $ 41,860
40 Iraq Baghdad 0.79 $ 3,500 $ 28,800 $ 810 $ 50 Local $ 42,020 $ 42,070
41 Bangladesh Dhaka 0.79 $ 3,500 $ 22,800 $ 420 $ 11,500 Local $ 31,340 $ 42,840
42 China Tianjin 0.79 Public $ 30,000 $ 1,070 $ 50 Local $ 42,840 $ 42,890
43 Egypt Cairo 0.79 Public $ 28,800 $ 350 $ 10,000 Local $ 33,000 $ 43,000
44 Belarus Minsk 0.78 $ 3,500 $ 27,600 $ 680 $ 4,000 Foreign $ 39,260 $ 43,260
45 Nicaragua Managua 0.78 $ 3,500 $ 33,000 $ 500 $ 1,000 Local $ 42,500 $ 43,500
46 Malaysia Kuala Lumpur 0.78 $ 3,500 $ 27,600 $ 870 $ 2,000 Local $ 41,540 $ 43,540
47 Syria Damascus 0.78 $ 3,500 $ 28,800 $ 690 $ 3,000 Local $ 40,580 $ 43,580
48 India Bangalore 0.78 Public $ 20,400 $ 600 $ 16,000 Local $ 27,600 $ 43,600
49 Peru Lima 0.78 Public $ 28,800 $ 910 $ 4,000 Local $ 39,720 $ 43,720
50 India Mumbai 0.78 Public $ 22,800 $ 1,640 $ 2,000 Local $ 42,480 $ 44,480
51 China Guangzhou 0.78 Public $ 27,600 $ 1,260 $ 2,000 Local $ 42,720 $ 44,720
52 Tanzania Dar es Salaam 0.78 $ 3,500 $ 25,200 $ 1,170 $ 2,000 Local $ 42,740 $ 44,740
53 Honduras Tegucigalpa 0.78 $ 3,500 $ 29,400 $ 830 $ 2,100 Local $ 42,860 $ 44,960
54 El Salvador San Salvador 0.77 $ 3,500 $ 32,400 $ 760 $ 200 Local $ 45,020 $ 45,220
55 Saudi Arabia Jeddah 0.77 Public $ 37,200 $ 600 $ 1,000 Local $ 44,400 $ 45,400
56 Ukraine Kiev 0.77 $ 3,500 $ 27,600 $ 1,060 $ 2,000 Local $ 43,820 $ 45,820
57 Taiwan Taichung 0.77 Public $ 35,000 $ 890 $ 200 Local $ 45,680 $ 45,880
58 Montenegro Budva 0.77 Public $ 35,280 $ 820 $ 1,000 Local $ 45,120 $ 46,120
59 China Hangzhou 0.77 $ 3,500 $ 26,400 $ 1,210 $ 2,000 Local $ 44,420 $ 46,420
60 Bulgaria Sofia 0.77 Public $ 36,000 $ 820 $ 1,000 Local $ 45,840 $ 46,840
61 Russia Saint Petersburg 0.77 Public $ 30,000 $ 990 $ 5,000 Local $ 41,880 $ 46,880
62 Turkey Istanbul 0.77 Public $ 25,200 $ 560 $ 15,000 Local $ 31,920 $ 46,920
63 Vietnam Ho Chi Minh City 0.76 $ 3,500 $ 28,800 $ 1,220 $ 200 Local $ 46,940 $ 47,140
64 China Suzhou 0.76 Public $ 33,600 $ 990 $ 2,000 Local $ 45,480 $ 47,480
65 Serbia Belgrade 0.76 Public $ 36,000 $ 800 $ 2,000 Local $ 45,600 $ 47,600
66 Taiwan Kaohsiung 0.76 Public $ 37,200 $ 810 $ 1,500 Local $ 46,920 $ 48,420
67 Thailand Phuket 0.76 Public $ 33,600 $ 1,120 $ 1,500 Local $ 47,040 $ 48,540
68 St Vincent and The Grenadines Kingstown 0.76 Public $ 34,320 $ 800 $ 5,000 Local $ 43,920 $ 48,920
69 Ecuador Quito 0.75 $ 3,500 $ 34,800 $ 820 $ 1,000 Local $ 48,140 $ 49,140
70 Uruguay Montevideo 0.75 Public $ 39,600 $ 760 $ 500 Local $ 48,720 $ 49,220
71 Cambodia Phnom Penh 0.75 $ 3,500 $ 31,200 $ 1,220 $ 50 Local $ 49,340 $ 49,390
72 Laos Vientiane 0.75 $ 3,500 $ 28,800 $ 1,430 $ 50 Local $ 49,460 $ 49,510
73 Saudi Arabia Riyadh 0.75 Public $ 39,600 $ 820 $ 1,000 Local $ 49,440 $ 50,440
74 Morocco Casablanca 0.74 $ 3,500 $ 31,200 $ 920 $ 5,300 Local $ 45,740 $ 51,040
75 Oman Muscat 0.74 Public $ 36,000 $ 1,120 $ 2,000 Local $ 49,440 $ 51,440
76 Romania Bucharest 0.74 Public $ 38,400 $ 910 $ 3,000 Foreign $ 49,320 $ 52,320
77 Indonesia Jakarta 0.74 $ 3,500 $ 28,800 $ 1,340 $ 4,000 Local $ 48,380 $ 52,380
78 China Nanjing 0.74 Public $ 28,800 $ 1,170 $ 10,000 Local $ 42,840 $ 52,840
79 Costa Rica San Jose 0.73 Public $ 42,000 $ 900 $ 600 Foreign $ 52,800 $ 53,400
80 Mexico Mexico City 0.73 $ 3,500 $ 34,800 $ 1,230 $ 500 Local $ 53,060 $ 53,560
81 Colombia Bogota 0.73 Public $ 27,600 $ 840 $ 16,000 Local $ 37,680 $ 53,680
82 Mauritius Port Louis 0.73 Public $ 39,840 $ 860 $ 4,400 Foreign $ 50,160 $ 54,560
83 Guatemala Guatemala City 0.72 $ 3,500 $ 33,600 $ 900 $ 7,200 Local $ 47,900 $ 55,100
84 Fiji Suva 0.72 Public $ 36,000 $ 1,310 $ 3,600 Local $ 51,720 $ 55,320
85 South Africa Johannesburg 0.72 Public $ 40,800 $ 930 $ 3,500 Local $ 51,960 $ 55,460
86 Hungary Budapest 0.72 Public $ 39,600 $ 1,010 $ 4,000 Foreign $ 51,720 $ 55,720
87 Chile Santiago 0.72 Public $ 42,000 $ 860 $ 4,000 Foreign $ 52,320 $ 56,320
88 Greece Corfu 0.72 $ 3,500 $ 41,040 $ 940 $ 1,000 Local $ 55,820 $ 56,820
89 Jordan Amman 0.71 Public $ 44,400 $ 630 $ 5,500 Local $ 51,960 $ 57,460
90 Saint Lucia Castries 0.70 Public $ 41,340 $ 1,290 $ 2,260 Local $ 56,820 $ 59,080
91 Dominican republic Santo Domingo 0.70 $ 3,500 $ 37,320 $ 730 $ 10,000 Local $ 49,580 $ 59,580
92 Russia Moscow 0.70 Public $ 37,200 $ 1,830 $ 1,000 Local $ 59,160 $ 60,160
93 South Africa Cape Town 0.70 Public $ 38,400 $ 1,510 $ 4,000 Local $ 56,520 $ 60,520
94 China Shenzhen 0.70 $ 3,500 $ 34,800 $ 1,710 $ 2,000 Local $ 58,820 $ 60,820
95 Lithuania Vilnius 0.70 Public $ 45,600 $ 1,020 $ 3,000 Foreign $ 57,840 $ 60,840
96 Ethiopia Addis Ababa 0.69 $ 3,500 $ 40,800 $ 1,410 $ 200 Local $ 61,220 $ 61,420
97 Taiwan Taipei 0.69 Public $ 40,800 $ 1,580 $ 2,000 Local $ 59,760 $ 61,760
98 Kenya Nairobi 0.69 $ 3,500 $ 31,200 $ 880 $ 17,000 Local $ 45,260 $ 62,260
99 Thailand Bangkok 0.69 Public $ 37,200 $ 1,940 $ 2,000 Local $ 60,480 $ 62,480
100 India Chennai 0.69 Public $ 19,200 $ 3,460 $ 2,000 Local $ 60,720 $ 62,720
101 Croatia Split 0.69 Public $ 49,200 $ 1,030 $ 1,200 Foreign $ 61,560 $ 62,760
102 Poland Warsaw 0.68 Public $ 42,000 $ 1,510 $ 4,000 Foreign $ 60,120 $ 64,120
103 Greece Athens 0.68 $ 3,500 $ 50,400 $ 870 $ 50 Local $ 64,340 $ 64,390
104 Panama Panama City 0.67 Public $ 46,800 $ 1,560 $ 100 Local $ 65,520 $ 65,620
105 Iran Tehran 0.67 $ 3,500 $ 34,800 $ 1,620 $ 8,000 Local $ 57,740 $ 65,740
106 Andorra Andorra la Vella 0.67 $ 3,500 $ 43,200 $ 1,480 $ 2,000 Local $ 64,460 $ 66,460
107 Antigua and Barbuda Saint John's 0.67 Public $ 34,800 $ 1,150 $ 18,000 Local $ 48,600 $ 66,600
108 Slovakia Bratislava 0.67 $ 3,500 $ 46,800 $ 1,280 $ 1,000 Local $ 65,660 $ 66,660
109 Czech Republic Prague 0.67 Public $ 42,000 $ 1,580 $ 6,000 Foreign $ 60,960 $ 66,960
110 China Beijing 0.66 Public $ 33,600 $ 2,400 $ 6,000 Local $ 62,400 $ 68,400
111 Nigeria Lagos 0.66 $ 3,500 $ 33,600 $ 2,630 $ 250 Local $ 68,660 $ 68,910
112 Latvia Riga 0.65 $ 3,500 $ 49,200 $ 950 $ 5,000 Foreign $ 64,100 $ 69,100
113 Slovenia Ljubljana 0.65 $ 3,500 $ 50,400 $ 1,330 $ 70 Foreign $ 69,860 $ 69,930
114 Cyprus Nicosia 0.64 Public $ 55,200 $ 1,090 $ 3,660 Local $ 68,280 $ 71,940
115 Philippines Manila 0.63 Public $ 30,000 $ 2,270 $ 16,000 Local $ 57,240 $ 73,240
116 Dominica Roseau 0.63 Public $ 55,320 $ 740 $ 10,000 Local $ 64,200 $ 74,200
117 Estonia Tallinn 0.63 $ 3,500 $ 55,200 $ 1,090 $ 3,000 Foreign $ 71,780 $ 74,780
118 China Shanghai 0.63 Public $ 38,400 $ 2,870 $ 2,000 Local $ 72,840 $ 74,840
119 Bahrain Manama 0.62 Public $ 40,800 $ 1,710 $ 13,800 Local $ 61,320 $ 75,120
120 Portugal Lisbon 0.62 $ 3,500 $ 46,800 $ 1,940 $ 2,000 Foreign $ 73,580 $ 75,580
121 Canada Montreal 0.62 Public $ 51,600 $ 1,770 $ 3,500 Local $ 72,840 $ 76,340
122 Seychelles Victoria 0.61 Public $ 46,560 $ 2,150 $ 6,000 Local $ 72,360 $ 78,360
123 UAE Abu Dhabi 0.59 $ 3,500 $ 45,600 $ 2,580 $ 1,000 Foreign $ 80,060 $ 81,060
124 Cyprus Limassol 0.59 Public $ 57,600 $ 1,690 $ 3,500 Local $ 77,880 $ 81,380
125 Qatar Doha 0.57 Public $ 50,400 $ 2,820 $ 2,000 Local $ 84,240 $ 86,240
126 Turks and Caicos Islands Cockburn Town 0.57 $ 3,500 $ 63,900 $ 1,500 $ 1,500 Foreign $ 85,400 $ 86,900
127 South Korea Seoul 0.56 Public $ 54,000 $ 2,270 $ 6,000 Local $ 81,240 $ 87,240
128 Austria Vienna 0.55 $ 3,500 $ 60,000 $ 1,990 $ 2,000 Foreign $ 87,380 $ 89,380
129 Vanuatu Port Vila 0.55 $ 3,500 $ 56,160 $ 2,290 $ 3,600 Local $ 87,140 $ 90,740
130 Kuwait Kuwait City 0.54 Public $ 38,400 $ 1,920 $ 30,000 Local $ 61,440 $ 91,440
131 Germany Berlin 0.54 $ 3,500 $ 62,400 $ 2,110 $ 600 Foreign $ 91,220 $ 91,820
132 Saint Kitts and Nevis Basseterre 0.54 Public $ 62,040 $ 2,100 $ 5,000 Local $ 87,240 $ 92,240
133 France Nice 0.54 Public $ 64,800 $ 2,260 $ 500 Foreign $ 91,920 $ 92,420
134 Trinidad and Tobago Port of Spain 0.54 Public $ 70,800 $ 1,240 $ 7,150 Local $ 85,680 $ 92,830
135 Barbados Bridgetown 0.53 $ 3,500 $ 66,000 $ 840 $ 14,000 Foreign $ 79,580 $ 93,580
136 Spain Barcelona 0.53 $ 3,500 $ 57,600 $ 1,880 $ 10,000 Foreign $ 83,660 $ 93,660
137 Belgium Brussels 0.52 $ 3,500 $ 67,200 $ 1,860 $ 2,000 Foreign $ 93,020 $ 95,020
138 Spain Madrid 0.52 $ 3,500 $ 57,600 $ 2,050 $ 10,000 Foreign $ 85,700 $ 95,700
139 Canada Vancouver 0.52 Public $ 57,600 $ 2,900 $ 4,000 Local $ 92,400 $ 96,400
140 Italy Rome 0.51 Public $ 66,000 $ 2,400 $ 4,000 Foreign $ 94,800 $ 98,800
141 Canada Toronto 0.50 Public $ 61,200 $ 2,710 $ 6,000 Local $ 93,720 $ 99,720
142 Germany Frankfurt 0.50 $ 3,500 $ 67,200 $ 2,470 $ 500 Foreign $ 100,340 $ 100,840
143 Japan Tokyo 0.49 Public $ 58,800 $ 3,110 $ 6,000 Foreign $ 96,120 $ 102,120
144 Turks and Caicos Islands Providenciales 0.49 $ 3,500 $ 67,200 $ 2,500 $ 1,500 Foreign $ 100,700 $ 102,200
145 Gibraltar Gibraltar 0.48 $ 3,500 $ 54,840 $ 3,480 $ 4,500 Foreign $ 100,100 $ 104,600
146 Bahamas Nassau 0.47 Public $ 73,200 $ 2,590 $ 1,400 Foreign $ 104,280 $ 105,680
147 Isle of Man Douglas 0.47 Public $ 70,800 $ 1,450 $ 18,000 Foreign $ 88,200 $ 106,200
148 Malta Valletta 0.47 $ 3,500 $ 69,600 $ 2,730 $ 1,000 Local $ 105,860 $ 106,860
149 Lebanon Beirut 0.46 $ 3,500 $ 62,400 $ 1,830 $ 20,000 Local $ 87,860 $ 107,860
150 Macau Macau 0.46 Public $ 75,600 $ 2,090 $ 8,000 Foreign $ 100,680 $ 108,680
151 Germany Munich 0.45 $ 3,500 $ 70,800 $ 2,810 $ 1,150 Foreign $ 108,020 $ 109,170
152 Finland Helsinki 0.45 Public $ 81,600 $ 2,330 $ 100 Foreign $ 109,560 $ 109,660
153 Italy Venice 0.44 $ 3,500 $ 76,680 $ 2,520 $ 1,600 Foreign $ 110,420 $ 112,020
154 Liechtenstein Vaduz 0.44 $ 3,500 $ 73,200 $ 2,880 $ 1,000 Foreign $ 111,260 $ 112,260
155 Grenada Saint George's 0.43 Public $ 62,280 $ 930 $ 40,000 Local $ 73,440 $ 113,440
156 Italy Milan 0.43 Public $ 73,200 $ 3,150 $ 4,000 Foreign $ 111,000 $ 115,000
157 France Paris 0.41 Public $ 75,600 $ 3,360 $ 2,000 Foreign $ 115,920 $ 117,920
158 British Virgin Islands Road town 0.40 Public $ 82,500 $ 2,650 $ 5,200 Foreign $ 114,300 $ 119,500
159 Jersey Saint Helier 0.40 Public $ 74,760 $ 3,010 $ 9,000 Foreign $ 110,880 $ 119,880
160 Australia Melbourne 0.39 Public $ 61,200 $ 2,530 $ 30,000 Foreign $ 91,560 $ 121,560
161 Singapore Singapore 0.39 Public $ 66,000 $ 3,990 $ 8,000 Local $ 113,880 $ 121,880
162 Norway Oslo 0.39 Public $ 93,600 $ 2,360 $ 50 Foreign $ 121,920 $ 121,970
163 New Zealand Auckland 0.39 Public $ 69,600 $ 2,400 $ 24,000 Foreign $ 98,400 $ 122,400
164 Australia Brisbane 0.39 Public $ 68,400 $ 2,170 $ 28,000 Foreign $ 94,440 $ 122,440
165 UAE Dubai 0.39 $ 3,500 $ 60,000 $ 3,120 $ 22,000 Foreign $ 100,940 $ 122,940
166 Anguilla The Valley 0.36 $ 3,500 $ 71,000 $ 1,600 $ 33,750 Foreign $ 93,700 $ 127,450
167 Denmark Copenhagen 0.36 Public $ 93,600 $ 1,510 $ 16,000 Foreign $ 111,720 $ 127,720
168 Netherlands Amsterdam 0.34 Public $ 82,800 $ 3,280 $ 10,000 Foreign $ 122,160 $ 132,160
169 Iceland Reykjavik 0.33 $ 3,500 $ 99,600 $ 2,500 $ 700 Foreign $ 133,100 $ 133,800
170 Ireland Dublin 0.33 $ 3,500 $ 60,000 $ 3,780 $ 26,000 Foreign $ 108,860 $ 134,860
171 Sweden Stockholm 0.33 $ 3,500 $ 82,800 $ 2,390 $ 20,000 Foreign $ 114,980 $ 134,980
172 Hong Kong Hong Kong 0.32 $ 3,500 $ 63,600 $ 4,480 $ 16,000 Foreign $ 120,860 $ 136,860
173 UK London 0.27 Public $ 80,400 $ 4,280 $ 14,000 Foreign $ 131,760 $ 145,760
174 Australia Sydney 0.27 Public $ 68,400 $ 3,830 $ 32,000 Foreign $ 114,360 $ 146,360
175 Switzerland Geneva 0.25 $ 3,500 $ 105,600 $ 3,180 $ 2,000 Foreign $ 147,260 $ 149,260
176 Luxembourg Luxembourg City 0.25 $ 3,500 $ 103,200 $ 3,550 $ 500 Foreign $ 149,300 $ 149,800
177 Switzerland Lausanne 0.23 $ 3,500 $ 109,200 $ 3,300 $ 1,200 Foreign $ 152,300 $ 153,500
178 Switzerland Zurich 0.19 $ 3,500 $ 106,800 $ 4,180 $ 1,300 Foreign $ 160,460 $ 161,760
179 USA Miami 0.19 $ 8,000 $ 64,800 $ 3,570 $ 47,000 Foreign $ 115,640 $ 162,640
180 Angola Luanda 0.07 $ 3,500 $ 58,800 $ 9,980 $ 3,500 Local $ 182,060 $ 185,560
181 USA Boston 0.06 $ 8,000 $ 73,200 $ 4,330 $ 55,000 Foreign $ 133,160 $ 188,160
182 Bermuda Hamilton 0.04 Public $ 111,600 $ 5,200 $ 18,000 Foreign $ 174,000 $ 192,000
183 Cayman Islands George Town 0.04 $ 3,500 $ 101,760 $ 4,730 $ 30,000 Foreign $ 162,020 $ 192,020
184 USA Los Angeles 0.00 $ 8,000 $ 72,000 $ 4,400 $ 78,000 Foreign $ 132,800 $ 210,800
185 USA San Francisco 0.00 $ 8,000 $ 75,600 $ 6,350 $ 54,000 Foreign $ 159,800 $ 213,800
186 USA New York 0.00 $ 8,000 $ 87,600 $ 6,610 $ 47,000 Foreign $ 174,920 $ 221,920
187 Monaco Monaco 0.00 $ 3,500 $ 96,000 $ 21,760 $ 26,000 Foreign $ 360,620 $ 386,620

Health Insurance

Quotes were obtained from www.pacifprime.com.

Cost of Living

Estimated costs of living are taken from www.numbeo.com.

University Costs

Parts of the Tuition costs were taken from the QS top university ranking at topuniversities.com; however, most of our data had to be taken from each individual university’s website.

Rent

The estimated rent for 110m2 is taken from www.numbeo.com.

The STC Health Index is provided by Stephane Tajick Consulting.

Annual relocation costs include all the costs highlighted previously for a family of three. For the sake of simplicity, we assume that only one child will need to attend university at the time of relocation.

Health care costs can be covered by the host country’s public health care system. We have verified the countries that allow migrants to be covered through their immigration status. The annual costs are quotes from private health insurance companies in different countries based upon coverage, and apply to a couple with one underage children (including inpatient care, emergency evacuation, emergency repatriation, a $0.5M annual limit and $5,000 deductible).

The cost of living incorporates most everyday expenses: groceries and restaurants, clothing, transportation and fuel, utilities, etc. These are the expenses of a fairly affluent family, but do not enter into the realm of luxury item expenses. Rent is calculated separately. The estimate is based upon three active spenders in the family (the couple and the oldest child attending university).

The calculation is based on the following assumptions:

Eating lunch or dinner in restaurants (~50% of the time)

Choosing inexpensive restaurants (~20% of the time)

Drinking coffee outside the home (low)

Going out (cinema, nightlife, etc.) (an average of 3x/week per active spender)

Smoking (0.5 pack/day per household)

Alcoholic beverages (low consumption)

Eating at home (Asian food)

Driving (moderate)

Taking Taxis (no)

Public transportation (no)

Sport/Gym Memberships (no)

Vacation and Travel (none)

Clothes shopping (moderate)

The cost of university is linked to the migrant’s immigration status. Some universities have different tuitions for local versus foreign students. As with health care, you cannot look at this cost without considering the quality of the product. Costs include not only tuition fees, but all costs associated with attending the university (excluding books and residence). If applicable, the annual cost was based upon the Business Administration undergraduate Bachelor program. The determination of whether the local or foreign annual university cost is integrated into the overall annual relocation cost is specific to each country and program policy on the subject.

Annual rent is calculated based upon a floor area of 110m2 in the city center. It accounts for the average cost of property, and does not target luxury housing. Depending on where you live, the cost can increase significantly, especially in cities where crime and violence are rampant.