Cost of Living Soars in Brazil

By Sarah de Sainte Croix, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s two biggest cities, Rio and São Paulo, have been ranked amongst the top fifteen most expensive cities in the world for expats, according to Mercer’s Worldwide Cost of Living Survey published last month. The report has Luanda, Angola as the world’s most expensive city for expatriates in the second year in a row, and for the Americas, São Paulo and Rio de Janeiro, Brazil top the list.

The survey ranks São Paulo as the tenth most expensive city in the world . . .

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