Mumbai and New Delhi are cheapest city in the world for food, goods and services

Tokyo is the most expensive city in the world for food as per a UBS bank report

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Tokyo is the world\'s most expensive city for food, followed by Zurich and Geneva, according to a report released by the Swiss bank UBS covering 72 cities in 58 countries. 

The food basket composed of 39 different representative products, used as the measurement unit, costs USD 928 in Tokyo, USD 715 in Geneva and USD 704 in Zurich, the bank\'s annual Prices and Earnings report said yesterday.

The two cheapest cities of the world are Mumbai and Delhi, where the same baskets of foods cost USD 186 and USD 208 respectively.

The average global cost of the food basket is USD 424.

The report also showed that Tokyo is among the three most expensive cities in general, for goods and services, behind Oslo and Zurich, while Delhi and Mumbai are again the two cheapest. The Japanese capital is 8.

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