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Rent for professionals in London is £3,693pm more expensive than the average in Europe and almost four times more expensive than the average rent in other major UK cities (£1,427pm).
Hong Kong is the most expensive location in Asia whilst China sees significant increases in rental costs in 2017.
Singapore drops down the rankings of most expensive accommodation in Asia.
UK cities more attractive for overseas employers with lowest ever rankings in global Cost of Living Index
Sydney and Canberra back in top 50 most expensive locations for expatriates for the first time since 2014. Australian cities see increases in cost of living rankings, while New Zealand locations drop
Taipei is now 33rd most expensive city to live in globally, an increase of 33 places in five years. Kaohsiung rises to 45th on the table, an increase of 88 places in five years.
Singapore ranked 21st most expensive city for expatriates, the lowest it has been since 2014
Hong Kong is the world’s ninth-most expensive location for expatriates, after dropping out of the top ten in 2016 and is now the second-most expensive location in the Asia-Pacific region after Tokyo, Japan.
Argentinian professionals expected to receive 7.2% real-terms salary increase in 2018, leaping 22 places in the global rankings.
Hong Kong professionals expected to receive 1.8% real-terms salary increase in 2018, down from 2% in 2017