Worldwide Cost Of Living 2021 Report has been released by Economist Intelligence Unit,(EIU). As per the index, Tel Aviv has been listed as the costliest city in the world while Syria's Damascus has been found to be the cheapest city to live in the world. Here's a list of the ten cheapest cities in the world below.
This Worldwide Cost of Living Index explores 173 cities of the world which are ranked based on "Impactful Global Events".
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List of 10 Cheapest Cities in The World:
In the table below, one can check the cheapest cities listed alongside the countries they are in. It has been found by EIU that the cost of living in these cities is the least compared to other cities of the world. Take a look:
| Rank | City | Country |
| 1 | Damascus | Syria |
| 2 | Tripoli | Libya |
| 3 | Tashkent | Uzbekistan |
| 4 | Tunis | Tunisia |
| 5 | Almaty | Kazakhstan |
| 6 | Karachi | Pakistan |
| 7 | Ahmedabad | India |
| 8 | Algiers | Algeria |
| 9 | Buenos Aires | Argentina |
| 10 | Lusaka | Zambia |
The cities in the table above are listed in ascending order with the cheapest at the top and the most expensive of this lot at the bottom.
One can see that the war-ridden capital of Syria, Damascus is the cheapest place to live in the world.
The most expensive city of the world in the index is Tel Aviv which is the capital of Isreal. It is situated on the coast of the Mediterranean Sea. The city has soaring currency rates and rising prices for basic amenities like food, transportation etc.
How is the Cost of Living Index Calculated?
A survey is conducted by the Economist Intelligence Unit, EIU every year. This year it was conducted in September-October 2021. This Worldwide Cost of Living index explores the cost of living in 173 cities and is measured against “impactful global events”.
The costliest cities of the world are dominated by European and Developed Asian Cities while North American and Chinese cities were found to be moderately priced.
Which Indian City is the Cheapest to Live in?
As per the survey conducted, Ahmedabad in Gujarat is the cheapest city to live in from India. This is the only city that has found a place in this index report. Other than this no other city was ranked from India either in Most Expensive or the cheapest list.
Pakistan’s capital Karachi also found the 6th spot in the list of cheapest countries of the world.
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