I think that Chelsea and Liverpool probably have more quality overall, but have underperformed this season for various reasons. They'll both improve next year. I'd say we are ahead of the others in the chasing pack though (eg Leicester, Spurs, Everton). I predicted that we'd finish 4th at the start of the season, but Liverpool and Chelsea's poor form, coupled with the fact that we are massively outperforming our xG (at the moment anyway), means we have a decent chance of finishing second.
City are a long way ahead of all of us, obviously. Again, I expect Liverpool to close the gap on them next year. Feels similar to 2017/18.