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City Description: Chennai is the capital city of the Indian state of Tamil Nadu.Economy: Chennai's economy has a broad industrial base in the car, technology, hardware manufacturing, and healthcare industries. The city is India's second largest exporter of software, information technology (IT) and information-technology-enabled services (ITES). A major chunk of India's car manufacturing industry is based in and around the city.Major Languages: Hindi, English and at least 16 other official languages.Major Religions: Hinduism, Islam, Christianity, Sikhism, Buddhism, Jainism.Population: 8.7 Mil (2013 est.).Currency: Indian Rupee (INR)Inflation: 6.1% (2013 est.).
The cost of living in Chennai is very low in comparison to other places in the world. This is based on a comparison of locally collected prices for goods and services applicable to expatriates, converted to USD. The goods and services have been grouped together into categories (baskets) and the cost calculated for each basket in each location. Futhermore, these baskets have been weighted based on extensive research of white collar expatriate spending habits. As a result the cost of living comparisons are applicable to internationally mobile senior staff such as specialists, professionals, managers and executives. In Chennai , of the 13 cost of living baskets, the cost of healthcare is very low, furniture low, household average, no basket high, and no basket very high in comparison to other international locations. Hardship Hardship refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. Chennai is ranked as a high degree of hardship location.ReferenceThe information on this page is updated quarterly using data collected over the previous 12 months. Premium data such as the cost of living indexes for all 13 baskets for each location, hardship premiums and salary comparisons are only available using the calculators.Published by Xpatulator.com on 15 January 2014.Are you moving / considering a move to Chennai ? Would you like to know if your salary offer is higher or lower than what you earn now? Calculate how much you need to earn in Chennai to have a similar spending power to what you have now. Register, Purchase and Run the Salary Purchasing Power Parity Calculator.