Salary Equivalence

Mumbai

Mumbai, India — cost-of-living and salary purchasing-power profile with a price-level index of 30.0 (New York City = 100).

Key figures

Price level index30.0
Rent index22.0
Population12,442,000

About Mumbai

Mumbai has a composite price-level index of 30.0 (New York City = 100) and a rent index of 22.0, making it a relatively affordable city. It is home to roughly 12.4 million people and uses the INR. The calculators below convert any salary to and from Mumbai so you can judge a move in real purchasing-power terms rather than raw currency.

The comparisons below show how Mumbai stacks up against the alternatives people most often weigh against it, with the specific numbers laid out side by side.

Frequently asked questions

How expensive is Mumbai?

Mumbai has a composite price-level index of 30.0 (NYC = 100) and a rent index of 22.0.

What currency is used in Mumbai?

Mumbai uses the INR.

DE
Dr. Elena Vasquez
Lead Economist, Cost-of-Living Research

Elena holds a PhD in Economics and has spent 12 years modelling purchasing-power parity and regional price indices.

PhD Economics, LSEFormer OECD statistics fellow
✓ Reviewed by Priya Nair, Data Quality Reviewer.
Last updated 2026-06-01

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