Mumbai is India's most costly city to live in, Delhi and Chennai follow: Report

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Key Points

Mercers 2024 Cost of Living survey has ranked Mumbai as the most expensive city in India to live in and 136th on a global parameter..

Mumbai, the financial capital of India, still remains to be the most expensive city in the country for expatriates, according to a survey conducted by HR consultancy Mercer..

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...

Even though Mumbai's ranking has increased, the overall affordability of Indian cities remains a significant draw for multinational organisations or Indian companies aiming to attract global talent..

As global housing costs and inflation rise, India's growth story and improving living standards make it an attractive destination for international assignments," Rahul Sharma, India Mobility Leader at Mercer said.. Delhi experienced the highest increase in housing rentals, with a 12-15 per cent rise for expats..

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