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.
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
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