Sunday, August 14, 2011

Moving to Nagoya

Today we look at moving to Nagoya in Japan from Mumbai in India. We highlight cost of living and other major differences likely to be experienced in our series of short blogs on moving between different international locations.
In Nagoya people speak Japanese. In Mumbai people speak Hindi, English and at least 16 other official languages.

Nagoya is the third-largest incorporated city and the fourth most populous urban area in Japan. Mumbai is the capital of the Indian state of Maharashtra. Nagoya's main industry is the automotive business, as many Japanese automotive companies are based out of Nagoya. Major automotive suppliers also have a presence. There is also a sizable aerospace, machine tool and electronics industry in the area. Mumbai is the commercial and entertainment centre of India, generating 5% of India's GDP, and accounting for 25% of industrial output, 40% of maritime trade, and 70% of capital transactions to India's economy. Mumbai is home to important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India and the corporate headquarters of numerous Indian companies and multinational corporations. The city also houses India's Hindi film and television industry, known as Bollywood.

The overall cost of living rank in Nagoya is 13 out of 300 global locations, which equates it with high cost of living locations.  An expatriate moving from Mumbai to Nagoya will experience a change in cost of living of 39.8%.
In terms of the hardship people are likely to experience, assessed in global terms, Nagoya is ranked as a high degree of hardship location with a hardship index of 30% the same as Mumbai.

Source: as at July 2011.

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