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Pricey Hong Kong Not as Expensive as Luanda

London dropped in rankings while New York gained
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Looking abroad for a cheap place to live? Avoid Angola. Luanda, the capital of the oil-rich nation, retook its ranking as the most expensive city for expatriates from second-place Hong Kong, according to Mercer’s annual survey. The cost of renting a three-bedroom unfurnished house of international standards in an appropriate neighborhood actually slid in Luanda, where the economy has been hit by the crude-price rout. But the 11.54 pounds ($14.58) for a fast-food hamburger meal was more than double most rivals. New York rose to ninth from 11th last year as Brexit-battered London plunged to 30th from 17th.