NewsBytes
    Hindi Tamil Telugu
    More
    NewsBytes
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout


    India Business World Politics Sports Technology Entertainment Auto Lifestyle Inspirational Career Bengaluru Delhi Mumbai Visual Stories Find Cricket Statistics Phones Reviews Fitness Bands Reviews Speakers Reviews

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
     
    Home / News / Bengaluru News / With dip in cost-of-living, Bengaluru now more attractive for foreigners
    Bengaluru

    With dip in cost-of-living, Bengaluru now more attractive for foreigners

    With dip in cost-of-living, Bengaluru now more attractive for foreigners
    Written by Pallabi C Samal
    Jun 27, 2018, 04:11 pm 2 min read
    With dip in cost-of-living, Bengaluru now more attractive for foreigners

    That Mumbai is the most expensive to live in for expatriates among all Indian cities is no surprise. But did you know IT-hub Bengaluru is one of the cheaper cities to live in for foreigners who work in India? That's right! In a global survey of 209 costliest cities, the Karnataka capital is at 170th, 12 places above Kolkata, the cheapest city in India.

    Why did Bengaluru become cheap?

    The low cost of living in Bengaluru can be attributed to a drop in commuting expenses, "including taxi fares, cost of auto and auto parts as well as running costs," said the survey. The city became less expensive this year than what it was in 2017, when its rank was 166th. Interestingly, Mumbai, Delhi and even Chennai are more expensive than Bengaluru.

    Rankings used by companies to decide expats' salaries: Mercer

    New York-based Mercer considered cost of items like housing, transportation, food, clothing, household goods, and entertainment for this survey. The rankings are apparently used by companies to decide an expat's salary, the company said. This year, New York City was kept as the standard.

    The survey considered prices of more than 200 items

    Mercer's 24th annual Cost-of-Living Survey measured, as the name suggests, the expenses borne by expatriates for buying more than 200 products and services in a particular city. As per the survey, Hong Kong, Tokyo and Zurich are the three most expensive cities. The report added that even though Kolkata is India's cheapest city, purchasing domestic-supplies and home services is now more expensive than before.

    Aamchi Mumbai pays its expats the highest in the world

    In a February survey conducted by HSBC, it was found that Mumbai pays its expats the highest globally. It pays $217,165 annually to foreigners, which is double the average salary of other cities combined. San Francisco and Zurich came second and third in the survey.

    Share this timeline
    Facebook
    Whatsapp
    Twitter
    Linkedin
    Latest
    Mumbai
    San Francisco
    Bengaluru
    New York City

    Latest

    Price-hike for the entire Volkswagen line-up in India in April Volkswagen
    OTT: Prime Video greenlights German feature 'Trunk' OTT releases
    The world now has fewer billionaires: Here's what happened India
    Russian musician known for anti-Putin war songs dies at 35 Russia

    Mumbai

    All about Suriya's luxurious properties across India Suriya
    Mumbai: Class 10 student appears for board exam in ambulance Board Examinations
    IMD predicts more rain for Delhi; Mumbai to get warmer India Meteorological Department (IMD)
    Mumbai tech firm CEO hit by car while jogging; dies Maharashtra

    San Francisco

    'Absolutely unacceptable': US condemns attack on Indian Consulate by pro-Khalistanis United States of America
    92-year-old media magnate Rupert Murdoch to marry for 5th time New York Post
    Meet Karthik Subramaniam—National Geographic's 'Pictures of the Year' contest winner  National Geographic
    What's happening at Twitter: From auctioning furniture to falling revenues  Twitter

    Bengaluru

    Kannada actor Chetan Kumar arrested over objectionable 'Hindutva' tweet Kannada Films
    Accidents, jams on Bengaluru-Mysuru Expressway inaugurated last week: Know why Karnataka
    Bengaluru: Fake cop arrested in Rs 1.75cr duping case Karnataka
    Bengaluru: Woman's body found in a drum at railway station  Murder

    New York City

    In a first, Indian-American Arun Subramanian becomes NY court judge United States of America
    Drunk student urinates on New York-Delhi American Airlines flight: Report American Airlines
    American billionaire financier Thomas Lee dies by suicide at 78 Suicide
    New York Fashion Week 2023: Top fashion moments Fashion Tips

    Love Bengaluru News?

    Subscribe to stay updated.

    Bengaluru Thumbnail
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2023