Sunday, June 27, 2010

Most Expensive Cities to Live In 2010, Libreville # 13

According to a recent survey by ECA International, which looks at the price of various items (rice, beer, lunch, etc.) compared to the US dollar, Libreville, Gabon comes in at #13; down a notch from 2009 when it was the 12th most expensive city to live in.

Interestingly, four of the top 20 most expensive cities are on the African continent:
# 3 Luanda, Angola
# 13 Libreville, Gabon
#17 Abidjan, Cote d'Ivoire
# 19 Abuja, Nigeria

For comparison, Tokyo is # 1, Paris is #19 and NYC # 29.  Think about all of the people on the contintent who can't afford $22 for lunch.

**as reported by Bloomberg/Businessweek

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