Karachi ranked as world's cheapest city: Study

unique

MPA (400+ posts)
ایک عالمی ادارے نے ٹوکیو کو دنیا کا سب سے مہنگا اور کراچی کو سب سے سستا شہر قرار دیاھے۔۔سروے میں رہائش سفرخوراک اور لباس کے اخراجات کو جانچا گیا ھے


392458-karachibeachmohdnoman-1339468543-450-640x480.jpg


Tokyo has regained the unenviable title of the world’s most expensive city for expatriates while Pakistani port Karachi has ranked as the least expensive city, according to a survey by the Mercer group, with living costs around three times cheaper than in the Japanese capital.

The eurozone crisis has made many European cities cheaper according to the survey published on Tuesday.


The report, published annually to help companies assess compensation allowances for expatriate workers, compared the cost of over 200 items in 214 cities, using New York as a reference. The items on the list included housing, food and transport.


Tokyo pushed the oil-boom Angolan capital Luanda into second place to retake the top spot in the survey. Another Japanese city, Osaka, came third, the Russian capital Moscow in fourth, and Geneva fifth.


Cities in the eurozone slid in the rankings as the euro has slid against the US dollar during the debt crisis. Paris dropped 10 spots to 37th, Rome fell eight to 42nd, and Athens tumbled 24 to 77th.

London slipped from 18th in the table last year down to 25th place.

In contrast, appreciation against the US dollar helped push Australian and New Zealand cities up, with Adelaide jumping 19 spots to 27th.


Earlier in February Karachi had been ranked the cheapest city in the world, for the second year running, according to a report published in The Wall Street Journal.


Pakistan’s biggest city landed up at the bottom of the index for the Economist Intelligence Unit’s world-wide cost-of-living survey.


The city came in 131st out of 131 cities, maintaining last year’s position.


http://tribune.com.pk/story/392458/karachi-ranked-as-worlds-cheapest-city-study/
 
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unique

MPA (400+ posts)
Re: کراچی۔۔۔دنیا کا سستا ترین شہر

jo log mukhtalif mumalik ka safr ya sayyahat kartay rehtay hain wo is par behtr roshni daal sktay hain.
 

salaudin

Senator (1k+ posts)
Strictly speaking in terms of price, it could be one of the cheapest mega cities. But the price that you pay for you security needs to be added. Include that and it will bring Karachi on par with Tokyo.

BTW, life surely is cheap there.
 

kashi..

Senator (1k+ posts)
Karachi is the cheapest city to live in on the planet

So wheres cheapest then?

As well as looking at the most expensive cities on the planet, Mercer also takes a look at the cheapest major cities to live in.

For the second year in a row Pakistans Karachi was the least expensive place to live, followed by the countrys capital Islamabad.

Mangua in Nicaragua was next cheapest, with Bishkek in Kyrgyzstan fourth and Bolivias La Paz fifth cheapest.

Mercer looks into the cost of living covering everything from housing, to clothes, food and drink, newspapers and petrol so that companies and governments can work out how much it would cost to base employees in different parts of the world. This year it studied 214 major cities globally.



Reference :-

http://uk.finance.yahoo.com/news/lu...le-the-cities-more-expensive-than-london.html
 

zeshaan

Chief Minister (5k+ posts)
Re: Karachi is the cheapest city to live in on the planet

kia bhatta aoor dosaray jurmanay joo zabardastee wasool kiaay jatay hain woh cost of living in karachi main shaamil hain?
 

Shareef

Minister (2k+ posts)
Yes the cheapest where human lives are concerned. Corpses in sacks can only be found in Karachi - for free!
 

yahya.khan

Minister (2k+ posts)
Re: Karachi ranked as world's cheapest city

Yup it is the cheapest if your income is in dollars
note that they are comparing with big cities like London and new York
if you have 1000 dollar you can easily live in Karachi but not in London ,newyork etc
 

Humi

Prime Minister (20k+ posts)
well it is definitely the cheapest when it comes to the value of human life..