Mumbai continues to be the most Expensive City for Expatriates


Mumbai: According to Mercer’s 2016 Cost of Living Survey, Mumbai is India’s most classy city for expatriates followed by New Delhi and Chennai. Internationally, Mumbai ranked 82nd out of 209 cities — is more exclusive than Seattle, Frankfurt, Canberra, Berlin and Istanbul. Kolkata and Bengaluru are the slightest expensive Indian cities, while New Delhi and Bengaluru have turn out to be more expensive over last year. According to Mercer's 2016 Cost of Living Survey, Hong Kong trimmings the list of most expensive cities for expatriates, pushing Luanda, the capital of Angola, to second position. Zurich and Singapore remain in third and fourth position while Tokyo stands fifth, up six places from last year. At number six, Kinshasa, the capital of Congo, has appeared for the first time in the top 10, touching up from its proceedings.

Ruchika Pal, major India perform leader, global mobility at Mercer conveyed that, "Each year we analyze ten categories like goods and services and accommodation which together impact the cost of living in any city. As three years, Mumbai has been positioned more luxurious than Delhi on five parameters, which includes alcohol and tobacco, personal care items, eating out, eating at home which includes foodstuff, poultry and meat, as well as carrying. Petrol is more expensive in Mumbai which increases the cost of living."Pricing, money stability, rise in Indian cities has a straight crash on the cost of banishment for Indian multinationals. Inflation and currency instability, in home and host cities, making overseas task costs from time to time greater and now and then lesser. Mumbai know only too well how hard it is to buy or rent a home in the city. New Delhi and Bangalore have turn out to be more luxurious over last year and their rankings have gone up. Bengaluru has witnessed the uppermost bound in ranking due to a rush forward in the price of food and personal care items.