Thursday, August 8, 2013

Most Expensive city in the world

Luanda, Angola
Luanda, Angola
Luanda, Angola:Worlds most expensive city
















Monthly rent (luxury apt.): $6,500
International newspaper: $5.42
Cup of coffee: $3.88
Gas (per liter): $0.63
Oil has brought this southern African country vast riches, but high taxes and internal strife keep prices extremely high.
For Americans who come to work here, everything can cost top dollar. A pair of blue jeans will cost an average $204, according to consulting firm Mercer's annual survey.
Such sky-high prices have created a big chasm between the haves and have-nots, with 40.5% of the population living in poverty according to the Central Intelligence Agency (CIA.)
One thing that is relatively cheap here: gas, at an average of 63 cents a liter. But you'll still pay a high price to take a taxi.

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