The capital of Azerbaijan, the city of Baku rose from 178 to 172 place in the annual ranking of the most expensive cities for emigrants from Mercer.
TOP5 rating headed by:
1. Hong Kong (Special Administrative Region of China)
2. Ashgabat (Turkmenistan)
3. Tokyo (Japan)
4. Zurich (Switzerland)
In compiling the rating, currency fluctuations, inflation, and housing prices were taken into account.
Source: Baku Travel Guide