Karachi is among world’s cheapest place to live, says survey
Karachi metropolis is among the world’s cheapest place to live, according to the Economist Intelligence Unit’s 2019 Worldwide Cost of living Survey released here on Wednesday.
The world’s cheapest cities include Caracas (Venezuela), Damascus (Syria), Tashkent (Uzbekistan), Almaty (Kazakhstan), Karachi (Pakistan), Lagos (Nigeria), Buenos Aires (Argentina) as well as the three Indian cities of Bengaluru, Chennai and Delhi.
According to the survey, Paris, Singapore and Hong Kong are the most expensive cities in the world.
The three top cities are tied at the top spot, CNN quoted the annual survey as saying. It evaluated the cost of over 150 items in 133 cities around the world.
Zurich in Switzerland was placed at the fourth position. Japan’s Osaka shared the fifth place with Geneva, also in Switzerland. Seoul (South Korea), Copenhagen (Denmark) and New York (US) were jointly placed at the seventh spot. Los Angeles (US) was named the 10th most expensive city in the world, along with Israel’s Tel Aviv.
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