Which city is the cheapest to live in?

Pakistani men eat at a roadside stall in Karachi.



While Tokyo may have topped The Economist’s bi-annual list for the world’s most expensive cities to live in for 2013, the report released this week also detailed the cheapest cities to live in with Karachi, Pakistan coming in as the least expensive.


Related: Which city is the most expensive to live in?


In the latest edition of the Worldwide Cost of Living report prepared by The Economist’s Intelligence Unit, five of the bottom 10 cheapest cities hail from the Indian subcontinent, defined as India, Pakistan, Bangladesh, Nepal and Sri Lanka.

For their results, analysts compare more than 400 prices across 160 products and service such as food, clothing, household supplies, rent, utility and recreational costs.

Results are compared to the base city of New York.

Here are the top 10 cheapest cities to live in for 2013:

1.      Karachi, Pakistan
2.      Mumbai, India
3.      New Delhi, India
4.      Kathmandu, Nepal
5.      Algiers, Algeria
6.      Bucharest, Romania
7.      Colombo, Sri Lanka
8.      Panama City, Panama
9.      Jeddah, Saudi Arabia
10.     Tehran, Iran






Slideshow: 2012's costliest cities to live in

For the first time in at least two decades of reporting the worldwide cost of living survey Zurich sits atop the ranking as the world’s most expensive city. An index swing of 34 percentage points ... more 
For the first time in at least two decades of reporting the worldwide cost of living survey Zurich sits atop the ranking as the world’s most expensive city. An index swing of 34 percentage points pushed the Swiss city up 4 places compared to last year. European cities dominate the top rankings in the latest Worldwide Cost of Living (WCOL) Survey conducted by the prestigious Economic Intelligence Unit (EIU). less 
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Yahoo Finance India
Wed, Apr 11, 2012 1:08 PM PHT











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