The Cost of Living Overseas

Published: 23rd December 2009
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The best way to get information is to do your homework. Go online and look at some sites, especially expatriate sites. A useful tool is to go to the FORUM boards and see what people have said about living in certain countries. You might even want to start your own forum discussion. Expats are very willing to share their experiences and knowledge.

Once you have gathered your information, the next step is to do your math. Brainstorm with friends about what factors you need to take into account so that you do not miss anything. Factor in education, housing costs, moving and/or storage costs, transport, clothing, household goods and so on.

Moving abroad can have a severe impact on your finances. You need to take this knowledge into account before your move and not afterwards! How prepared are you for your move?

The World ' s 10 Most Expensive Cities

Source: Mercer Human resource Consulting, 2005 Cost-of-Living Survey

2005 Ranking

1 Tokyo, Japan

2 Osaka, Japan

3 London, United Kingdom


4 Moscow, Russia

5 Seoul, South Korea

6 Geneva, Switzerland

7 Zurich, Switzerland

8 Copenhagen, Denmark

9 Hong Kong, Hong Kong

10 Oslo, Norway

3 things you need to be prepared for when you relocate

* No one understands you

* No one understands you

* No one understands you

Tip of the week

What is considered enough money when moving? Maybe just a little bit more than you planned on.

Quote of the week

"Beware of the little expenses; a small leak will sink a great ship." Benjamin Franklin.

Learn about black dolphins and what do dolphins eat at the Types Of Dolphins site.

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