Author: Team Asianet Newsable Image Credits:Freepik
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Mumbai remains most expensive city in India
Mumbai, the financial capital and home to Hindi film industry, still remains the most expensive city in the country for expatriates, according to a survey by HR consultancy Mercer.
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In terms of....
Mumbai is notably expensive in terms of personal care, energy and utilities, transportation, and housing rentals, as per Mercer's 2024 Cost of Living survey.
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Most expensive city globally
Globally, Hong Kong retained its position as the most expensive city.
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Rank risen
In the list, Mumbai has jumped 11 places to rank 136, while Delhi has risen by four spots to 164.
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Other cities
Conversely, Chennai has dropped five places to 189, Bengaluru has decreased by six spots to 195, and Hyderabad remains unchanged at 202.
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Increase in housing rentals
Delhi experienced highest increase in rentals, with a 12-15% rise for expats. Mumbai saw a 6-8% increase, Bengaluru 3-6%, and Pune, Hyderabad, Chennai 2-4%, the report stated.
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Transportation costs
Transportation costs, including those for automobiles and auto parts, are most expensive in Mumbai, followed by Bengaluru.
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Pricing across cities
Kolkata offers most economical prices for dairy products, bread, beverages, oils, fruits, and vegetables, with Pune following. Alcohol, tobacco items are least expensive in Delhi.
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Personal care products
In terms of personal care products, Mumbai is the most expensive, followed by Chennai, with Kolkata being the least expensive.
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Top 5 rankings globally
Hong Kong maintains the top spot, followed by Singapore, Zurich, Geneva, Basel, Bern, New York City, London, Nassau, and Los Angeles.