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Stockholm cheapest Nordic capital for foreign workers

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Stockholm cheapest Nordic capital for foreign workers
Think Stockholm is insanely expensive? Not compared to a lot of other places. Photo: Fredrik Sandberg/TT
07:49 CEST+02:00
Stockholm is the cheapest capital in the Nordics for foreign workers, according to new statistics.

The Swedish capital fell from the 89th spot last year to 127th in financial services provider Mercer's 25th edition of the cost of living for people working abroad, thanks in part to the weak Swedish krona.

That makes Stockholm the cheapest of all the Nordic capitals for workers stationed abroad.

Denmark's Copenhagen, ranked number 20 on the list, is the most expensive in the Nordics, and Hong Kong is the world's most expensive city for expatriates, according to Mercer.

READ ALSO: Booze, food and clothes – how much does it cost to live in Sweden?

The other Nordic capitals were Oslo (61) and Helsinki (65). Reykjavik was not included in the rankings.

The priciest city in Europe was Zurich, the only European city to make the top 10 (5th).

Mercer in total surveyed 500 cities around the world and included 209 of them in the ranking, using New York City as the base city and measuring currency movements against the US dollars.

It took into account the cost of more than 200 items, including housing, household goods, food, transportation, clothing and entertainment.

Top 10 most expensive cities in the world

1. Hong Kong

2. Tokyo

3. Singapore

4. Seoul

5. Zurich

6. Shanghai

7. Ashgabat

8. Beijing

9. New York City

10. Shenzhen

Read the full ranking here.

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