Among the most expensive cities in the world were Luanda, Hong Kong and Zurich. Up till now, Buenos Aires and Sao Paulo ranked the top for Latin America.
In 2015, Lima rose 13 places in the rankings of Most Expensive Cities, acccording to a servey by Mercer and now takes the position number 122 (compared to 134 in 2015).
But on the contrary, on the Latin America list, Lima ranked 10 last year and 12th in 2015. The survey measures the annual cost of living and housing from region to region.