3 Indians Cities Among the Cheapest in the World

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    The Economist Intelligence Unit (EIU) has released the results of its Worldwide Cost of Living 2018 survey. It gives its annual ratings on cities based on the prices of over 150 items like bread, wine, cheese and petrol in 133 cities around the world. The list is designed to help the hiring teams of companies to calculate fair salaries while relocating their employees overseas.

    Three Indian cities made it among the cheapest cities in the world while Singapore was listed as the most expensive city to live in for the fifth consecutive year.

    Bengaluru, Chennai and New Delhi
     

    Bengaluru, Chennai and New Delhi

    In the list of the top ten cheapest countries in the world, Bengaluru is the 5th cheapest while Chennai and New Delhi are the 8th and 10th cheapest respectively.

    The top ten cheapest countries are:

    Rank   City    Country   
    133 Damascus   Syria
    132 Caracus Venezuela
    131 Almathy Kazakhstan
    130 Lagos Nigeria
    129 Bengaluru India
    128 Karachi Pakistan
    127 Algiers Algeria
    126 Chennai India
    125 Bucharest Romania
    124 New Delhi     India
    The most expensive countries in the world

    The most expensive countries in the world

    Rank  City Country
    1 Singapore Singapore
    2 Paris France
    3 Zurich Switzerland
    4 Hong Kong Hong Kong
    5 Oslo Norway
    6 Geneva Switzerland
    7 Seoul South Korea
    8 Copenhagen  Denmark
    9 Tel Aviv Israel
    10 Sydney Australia

    American cities New York and Los Angeles made it to the 13th and 14th position respectively.

    Asia has the most expensive as well as the cheapest cities in the world
     

    Asia has the most expensive as well as the cheapest cities in the world

    "Asia is home to some of the world's most expensive cities-but to many of the world's cheapest cities too. Within Asia, the best value for money has traditionally been offered by South Asian cities, particularly those in India and Pakistan," said the report.

    Read more about: cheapest cities in the world
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