Mumbai has earned multiple global distinctions this year, being named in the happiest city in Asia, one of the fastest-growing in the world, and the most expensive city in India. The findings come from three international studies conducted by Time Out, Savills World Research, and Mercer.
According to Time Out’s 2025 global happiness survey, Mumbai ranked first in Asia with 94% of its residents saying their city makes them happy. About 89% said they feel happier in Mumbai than anywhere else they have lived. Nearly 88% believe people in the city appear content, while 87% said happiness levels have increased in recent years.
The study surveyed over 18,000 people from major global cities, asking them about their quality of life, culture, food, nightlife, and overall satisfaction. Experts suggest that Mumbai’s lively street food culture, strong entertainment industry, job opportunities, and vibrant social life contribute to its high happiness score.
Beijing and Shanghai followed Mumbai in the rankings. Mumbai was the only Indian city to feature in the list.
In another global study by Savills World Research, Mumbai has been ranked among the top five fastest-growing cities in the world. The Growth Hubs Index assessed over 200 cities based on economic expansion, population rise, and individual wealth.
Bengaluru took the first spot, while Delhi, Hyderabad, and Mumbai followed closely behind at 5th. The report highlighted that Mumbai’s growth is driven by its strong financial services sector, major stock exchanges, and expanding corporate presence. Rapid migration from smaller towns is also increasing the city’s demand for housing, jobs, and infrastructure.
Adding to its global reputation, Mumbai has once again been named India’s most expensive city to live in, according to Mercer’s 2024 Cost of Living Survey. The city is ranked 21st in Asia, climbing six spots from last year. Delhi followed in second place nationally and ranks 30th in Asia.
Rising employment opportunities, economic growth, and a growing middle class have pushed up the cost of living in Mumbai.
Despite these higher costs, Mumbai remains more affordable compared to many global urban centres. Lower overall expenses continue to attract multinational and Indian companies to bring international talent into the city.
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