Recently, the five-time Ballon d'Or winner, Ronaldo, made history and became the first men's football player to score 900 career goals
Despite prices rising at a much slower pace than a year ago, Indian locations have climbed up the list of most expensive locations for expatriates.
New Delhi has moved up 6 spots in the regional ranking to 41st place. Globally, it is now 174th most expensive location for expatriates, up from 208th last year.
"Over the year we've seen the price of items in ECA's shopping basket for India rise more slowly than the year before, particularly food and motoring," ECA International Regional Director - Asia Lee Quane said adding that "however, during the same period the rupee strengthened against a number of other major currencies and this has pushed up costs for expatriates."
Meanwhile, Shanghai has become Asia Pacific's most expensive location for expatriates for the first time. It was ranked 8th globally followed by Beijing (9th globally) and Seoul (10th globally).
Globally, the South Sudan city of Juba is the world's most expensive location for expatriates, followed by Luanda and Zurich.
To ensure that an employee's spending power is maintained when they are sent on international assignment, a cost of living allowance is often provided as part of the pay package.
ECA carries out two main cost of living surveys per year to help companies calculate cost of living allowances so that their employees' spending power is not compromised while on international assignment.
The surveys compare a basket of like-for-like consumer goods and services commonly purchased by assignees in over 440 locations worldwide.
Recently, the five-time Ballon d'Or winner, Ronaldo, made history and became the first men's football player to score 900 career goals
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