Karachi fourth cheapest city in world: report

[Dawood Ibrahim]

• Arts / Entertainment

33 MINS AGO BY WEB DESK

Karachi is the fourth cheapest city in the world, according to the Economist Intelligence Unit’s Worldwide Cost of Living Survey.

Every year, the Economist Intelligence Unit (EIU) releases two reports, the Worldwide Cost of Living, that give an eye-opening ranking about how expensive or cheap it is to live in the world.
Based on the prices of more than a 160 items around the world, the survey’s findings also ranked Chennai, Algiers and Almaty fourth on the list. Lusaka in Zambia was ranked as the cheapest city in the world, while Bangalore and Mumbai were placed second and third respectively.

Here are the 20 cheapest cities in the world:

11. Rio de Janeiro, Brazil

10. Asuncion, Paraguay

9. Lagos, Nigeria

9. Johannesburg, South Africa

8. St. Petersburg, Russia

8. Kiev, Ukraine

8. Kathmandu, Nepal

8. Tehran, Iran

7. Pretoria, South Africa

7. Bucharest, Romania

6. Damascus, Syria

6. Caracas, Venezuela

5. New Delhi

4. Karachi, Pakistan

4. Chennai, India

4. Algiers, Algeria

4. Almaty, Kazakhstan

3. Mumbai, India

2. Bangalore, India

1. Lusaka, Zambia



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