Luanda, Angola’s port capital situated on the west coast of southern Africa, usurped Hong Kong’s leading position this year to become the world’s most expensive city. But it is often cited as one of the most expensive cities in the world.
Having battled through a long civil war, which destroyed much of the country’s infrastructure, Angola only gained independence relatively recently, in 2002, and has since struggled to reestablish its position as a major exporter.
As a result, around half the country live in poverty while the more affluent citizens pay inflated prices for imported goods and security. Expats can expect to be set back $6,065.67 per month to rent a two bedroom unfurnished apartment of international standards.
Source: cnbc
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