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:

The most expensive countries in the world

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 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.