The 2024 Mercer's Cost of Living survey assessed 226 cities based on the cost of more than 200 items, including transportation, food, clothing, entertainment
Chinese cities were among the biggest movers down the rankings, mainly due to the country's slow post-pandemic recovery and subdued consumer demand
Soaring inflation and rising accommodation costs were cited as reasons for New York topping ECA International's Cost of Living Rankings for 2023
Running a petrol car cost £2,512 ($3,070) last year, about £550 more than in 2021, location technology business TomTom said Wednesday
Tel Aviv, which topped the rankings last year, was bumped into third position, while Hong Kong and Los Angeles rounded out the top five priciest places
According to Mercer's 2022 Cost of Living survey, Mumbai (127) is the most costly city in India in terms of both living expenses and accommodation costs
Asian cities are more expensive partly because "Covid didn't become an epidemic quite the same way it unfortunately became in the other cities in the index"
Bengaluru (171) and Kolkata (185) are the least expensive Indian cities in the rankings, the survey said.
The other Indian cities in the list include, New Delhi at 118th place, Chennai (154), Bengaluru (179) and Kolkata (189). All the four cities have moved down from last year.
After topping the Economist Intelligence Unit's Worldwide Cost of Living Survey for five years, Asia's Singapore has been joined by Paris and Hong Kong in a tie at the top of the table
Mumbai is ranked 17th ahead only of Berlin, Johannesburg and Rio de Janeiro