The cost of living is one of the most important factors to be considered when planning to move abroad. Building an international career means you can live and work anywhere around the globe. So understanding your needs and what a country or city has to offer is crucial. VanHackers doing the math right now should take into account that the World Cost of Living Index, released by the Economist Intelligence Unit (EIU) last December shows an increase of 8.1%. Prices in more than 170+ locations were analyzed for the report, but which ones came up on top as the most expensive cities in the world?
Here is the list according to the World Cost of Living Index: New York, USA
Singapore
Tel Aviv, Israel
Hong Kong
Los Angeles, USA
Zurich, Switzerland
Geneva, Switzerland
San Francisco, USA
Paris, France
Copenhagen, Denmark
What makes a city the most expensive
CNN explains that the cost of living report compares more than 400 individual prices on more than 200 products and services in 172 cities. They research a variety of companies, both high- and low-cost, to get a sense of how much prices have fluctuated over the past year.
The increase in costs in 2022 is attributed to the gas prices rise and also the economic consequences of the COVID-19 pandemic.
https://blog.vanhack.com/blog/living-in-a-foreign-country-what-to-expect-when-moving-abroad/
Job opportunities outside of the most expensive cities in the world
Our mission is to help tech talents find work and build a life abroad. We love to see when people fly! VanHack’s CEO Ilya Brotzky believes that “if you speak English and you can code, you can live anywhere. If you are a skilled worker your presence is valuable, companies should be fighting for you. Talent and borders are fluid”.
This means you don’t necessarily have to live in one of the most expensive cities in the world to start an international career. Check out this conversation Ilya had with Boundless Life CEO Mauro Repacci about the work-from-anywhere culture.
So, where do you want to live in 2023?
Head over to our platform, fill in your profile and let’s hack together to make your dream international career come true. And if already signed up, make sure to check our job board right now. A fantastic opportunity abroad may be just waiting for you to apply.
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🌎 VANHACK, LinkedIn Talent Awards Winner 2021, is Canada’s most respected recruitment company. With more than 1,900 hires, VanHack is on a mission of increasing diversity and creating a borderless world. So if you are a software developer looking for a job abroad, in Canada, the US, or Europe, join VanHack today. 100% free for candidates, plus you will get all the preparation you need when your profile is shortlisted.
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