Jun 22, 2024, 2:00:12 AM
Brunei’s capital ranked as one of least expensive cities for expats, cheaper than Jakarta, Bangkok, Manila, Hanoi
https://www.reddit.com/r/nasikatok/comments/1dlkqp6/bruneis_capital_ranked_as_on...↳
9
Of course. ‘Expat’ are paid x3 more salary than the locals
Eyeshield_sena
12
It's so cheap cause nothing to buy, 100% money saved when you don't actually buy anything
durianisking
11
That’s because we don’t have anything to spend on
abisusin
11
Least expensive to live in because shops are 30 mins or an hour plus away across the border...
lkajohn
7
Thks, cause is not a progress country. S’pore is a Progress country n things dame expensive. Rich people no problem. Poor auntie n uncles hv to work till dies!
Numerous-Basket-4738
2
Nothing to buy. Bodoh!
UnusualBreadfruit306
2
90% important product!
UnusualBreadfruit306
2
Yay.. Brunei numba 1..
Lem0n_Lem0n
1
^(June 22, 2024)
Bandar Seri Begawan is now ranked 176th in the 2024 global cost-of-living ranking data by Mercer, retaining its position as one of the least expensive cities to live in for expatriates.
Hong Kong (1st), Singapore (2nd) and Zurich (3rd) are currently the costliest cities for international workers globally. These three cities have kept the same positions in Mercer’s rankings that they had last year. At the other end of the spectrum, the cities that ranked the lowest for living costs are Islamabad, Lagos and Abuja.
Other cities ranked in Southeast Asia include Phnom Penh (123), Bangkok (129), Manila (131), Jakarta (157), Hanoi (172), Kuala Lumpur (200) and Johor Bahru (214).
The rankings compared the costs of some 200 items – including housing and transportation to food, clothing, household goods and entertainment – across 226 cities across five continents.
“To ensure consistency in city-ranking comparisons, New York City was utilised as the base city and currency movements were measured against the US dollar,” said Mercer, a United-States based consultancy firm.
According to their data, the Sultanate’s capital is ranked 176th this year, four spots lower than the year before.
Mercer highlighted that a number of key factors influencing the world’s economy in recent years continue to have an impact on the cost of living in major cities.
“Inflation and exchange-rate fluctuations are directly affecting the pay and savings of internationally mobile employees (or those executing an international assignment).
Heightened economic and geopolitical volatility, as well as local conflicts and emergencies, have led to additional expenses in areas such as housing, utilities, local taxes and education,” said the company.
“In the case of the higher-ranking cities (Hong Kong, Singapore and Zurich), factors such as expensive housing markets, high transportation costs and higher cost of goods and services have all contributed to high living costs,” it said.
“Conversely, in Islamabad, Lagos and Abuja the demonstrably lower costs of living of international assignees have, in part, been driven by currency depreciations.” – Azlan Othman
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Did you know Brunei's capital, Bandar Seri Begawan, is ranked as one of the least expensive cities for expats? It's cheaper than popular cities like Jakarta and Bangkok! This means expats could save some serious cash, but they might also find there's not much to spend it on! Talk about a budget-friendly paradise!
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