Which is the world's most expensive city? Costs of living compared
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We regularly look at the most expensive cities and countries in the world in terms of cost of living, but where on this planet can expatriates live at a low cost? In this article we take a look at the five cheapest countries in the world in terms of consumer price, rent, groceries and restaurant prices. In order to present our list of the ten cheapest countries in the world we have utilized data provided by Numbeo, a free Internet database that is regularly updated with worldwide cost of living and housing indicators.
The factors taking into account in our rankings were the consumer price index, cost of rent, cost of groceries and cost of eating in a restaurant. According to the Numbeo survey, India is the cheapest country in the world in which to live.
Expatriates living in India who are on a foreign salary will find that they enjoy an extremely high standard of living in this country. However, it is important to bear in mind that housing costs will vary enormously from city to city and that the actual costs you will face as an expatriate living in India will very much depend upon your lifestyle. If, for example, you eat in local restaurants and adjust to using local goods, you will find that life is much cheaper than if you demand western restaurants and products.
Our expat guides to MumbaiDelhi and Bangalore contain full listings of all the prices you can expect to pay in India. From accommodation costs through to school fees, transportation and utilities, you can find everything you need to know about just cost of living in dubai compared to india much life in India really costs.
Pakistan is certainly an interesting country and it does attract a large amount of interest the world over. Of course, life is not all fun and games for many people who are living in Pakistani like Karachi and Islamabad and there are a large number of political and ethnic tensions that can be of real concern to the people cost of living in dubai compared to india there.
However, expatriates who are able to pay in dollars will find that they can enjoy extremely high-end living at a fraction of the cost of that they pay in many other international cities. Banderas bolivianas cost of living in dubai compared to india edsaoFlickr.
Expatriates who opt to live in Vietnam will find that they can enjoy a very comfortable live at a fraction of the price of that in a western country. Expatriates living in Vietnam will observe a significant difference in the price of local food versus western food and those willing to eat in the local bars and restaurants will find that they can get much, much more for their money. The Philippines has always been well known as a country that has a very low cost of living and this has been compounded in recent years as a result of the drop in the value of the peso after the Asian Financial Crisis.
For expatriates who move to The Philippines from western countries the cost of living will be extremely low and they will enjoy a very high standard of living. The Cost of living in dubai compared to india survey revealed that the consumer price index and cost of groceries were similar to other cities that featured in the top 10 cheapest places in which to live, but the cost of renting property in the Philippines and the cost of eating out in a restaurant was comparatively low.
Do you live in any of these countries? Leave cost of living in dubai compared to india comment and let us know if they really do offer a high standard of living at a low price. Do you have a comment about this article, a further question or even a correction? If so please do let us know. We may edit your comments and cannot guarantee that all comments will be published, please be nice!