Monday, June 24, 2013

10 Cheapest Cities in the World

10 Cheapest Cities in the World

Lhore is among the cheapest cities yet i donot know the survay team included it among 131 cities or not yet Naan Chollas of Lhore provides the cheapest food. The cities offer many opportunities to earn and spend which draws the many millions on its clarion call. Here are the top ten cities in the world rated as the cheapest cities, with low cost of living as per The Economist Intelligence Unit 2013 report. 
Among these top ten cheapest cities 7 belong to Suth Asia , west Asia & Middle East while out of 7, there r 5 South Asian cities. So regionally South Asia is on top reagarding cheapest cities. 
Tehran, the capital of Iran is rated as the tenth cheapest city. The report said, “While Asia is home to over half of the world’s 20 most expensive cities, the region is also home to six of the ten cheapest cities.” Tehran is one of the Asian cities on the list. Jeddah is the ninth cheapest city among the 131 cities surveyed in 2013.
Karachi ties with Mumbai at the 130thrank. Karachi has been place at the first spot on the list in the survey. It is the main sea port and the financial centre for Pakistan. It is also the largest city in Pakistan and the capital of the Sindh province. The report said, “Income inequality means that household spending levels are low on a per capita basis, which has kept prices down, especially by Western standards,” which completely depends on the standards and preference of living in any given city.

The 5 most expensive cities are Tokyo, Osaka in Japan, Sydney, Oslo in Norway and Melbourne. The cities that are expensive do seem challenging to make it with the high price indices, but it has its own perks with better quality and standards of living. Ironically the cities that have been surveyed as the cheapest cities do have a high percentage of people complaining and expecting for the high prices on commodities to go down. The best judge would be the people who inhabit a particular city, and put themselves through each day and enjoy while at it.

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