São Paulo and Rio vault up list of most expensive cities for expats(Read article summary)
The Brazilian cities, which far outrank any US cities on Mercer's annual list, have climbed the ranks due to high taxes and a booming Brazilian economy.
More woe for expats living in Brazil.
The country’s two biggest cities are getting more and more costly and are more expensive places to live in than New York, according to the annual cost of living study released today by business consulting firm Mercer.
The top five most expensive cities for ex-pats are: