~~World's Expensive cities to live in~~

I was looking at this link, which tells us the costliest place to live and surprisingly NYC has come down to 27th place sounding its little cheaper.Indian cities are fast in catching up with Delhi and Mumbai within top 100.


Its not that cost in NYC has come down but cost in other countries have gone up. After this I checked the inflation rate for USA for the past 10 years. Its well maintained under 5% for the past 10 years and whatever increase it had from 2000-08 would have been nullified by the negative inflation of 2009. So the cost of living is almost as same as the one it had 10 years ago.



I have seen many people who goes to vacation from US to India tell that the country has become expensive ,they are still thinking in the rates prevailed 4-5 years back. There is an inflation rate of over 7% on average(as on today its whooping 13.75%) that makes cost of living in the India double every ten years. If the same rate prevails Mumbai can catch up NYC by 2030!