Karachi among top 10 cheapest cities again

The world’s most cheapest cities have been revealed in the Economist Intelligence Unit’s 2017 report. Karachi is included once again in the top ten cheapest cities.

Karachi ranked 130 in the ‘Worldwide Cost of Living 2017’ survey result. Last year, Pakistan’s biggest city ranked 127 out of 133 cities worldwide.

Top ten cheapest cities are:

  1. Almaty (133)

  2. Lagos (132)

  3. Bangalore (131)

  4. Karachi (130)

  5. Algiers (127)

  6. Chennai (127)

  7. Mumbai (127)

  8. Kiev (124)

  9. Bucharest (124)

  10. New Delhi (124)

Four out of top ten cities are from India.

A bi-annual survey comparing more than 400 individual prices across 160 products and services, including food, drink, clothing, household supplies and personal care items, home rents, transport, utility bills, private schools, domestic help and recreational costs. New York is used as base city with an index set at 100. The survey has been carried out for more than 30 years.

 

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