Mumbai, Delhi cost the most
The Mercer Global Cost of Living Survey 2007, Mumbai has climbed from #68 position to #52.
Mumbai and Delhi have become more expensive for expatriate workers compared to last year. In the Mercer Global Cost of Living Survey 2007, Mumbai has climbed from #68 position to #52 and Delhi has moved up from #73 to #68, largely due to the rising cost of accommodation-both capital costs as well as rentals.
Chennai and Bangalore, the two other Indian cities rated, too, climbed from #137 to #133 and from #139 to #134, respectively, but are still way cheaper to live in for expatriates, compared to Mumbai and Delhi.
Gangapriya Chakraverti, Business Leader, Information Products Solutions, Mercer Human Resource Consulting, says the survey is used by global corporations and governments to adjust the cost-of-living allowances of their workers who live and work outside their home countries.
Sanjay Bali, Vice President and Head (HR), Samsung India, says his company will recommend changes in the accommodation allowances of about 30 expatriate workers in India.
