Saturday, October 15, 2011

Cost of Living South Asia - October 2011

South Asia is the least expensive region in the world for expatriates to live in. The most expensive city surveyed is Mumbai (ranked 139 in the world). Mumbai is the capital of the Indian state of Maharashtra and 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. India have 6 cities in the top 10 most expensive cities for expatriates in South Asia.  

The ten most expensive cities in South Asia (Global rank in brackets):
1.India, Mumbai (139)
2.India, New Delhi 179)
3.India, Chennai (181)
4.India, Calcutta (182)
5.Sri Lanka, Colombo (186)
6.India, Hyderabad (193)
7.India, Bangalore (201)
8.Maldives, Male (241)
9.Afghanistan, Kabul (252)
10.Pakistan, Lahore (273)