India’s financial centre, Mumbai, has been ranked India’s most expensive city (82nd out of 209 cities globally), according to data from Mercer’s 2016 Cost of Living Survey, released on Wednesday. Hong Kong tops the overall list, as the world’s most expensive city for expats , pushing Luanda in Angola into second place, according to the report.
The cities ranked are across five continents and the report measures the comparative cost of more than 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment.
Mumbai is followed by New Delhi (ranked 130) and Chennai (ranked 158). Kolkata (ranked 194) and Bengaluru (ranked180) are the least expensive of Indian cities ranked.
There is an increase in the prices of items such as cheese, poultry items and coffee across price ranges. At the higher price range, items such as butter, mineral water and ice cream have increased drastically, the report said.
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