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Mumbai Among List Of Least Expensive Cities To Live In

In Business, Economy, Environment, Human Rights, India on August 20, 2009 at 9:23 am

The teeming millions of poor and homeless Mumbaikars will beg to differ with this UBS study. But obviously they don’t matter in such studies.

UBS’s “Prices and Earnings” study has dubbed Oslo, Zurich, Copenhagen, Geneva, Tokyo and New York as the world’s most expensive cities based on a standardized basket of 122 goods and services. When rent prices are factored into the equation, New York, Oslo, Geneva and Tokyo emerge as especially pricey places to live. The basket costs the least in Kuala Lumpur, Manila, Delhi and Mumbai. The study was based on data collected in 73 cities around the world between March and April of this year.


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