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Cost of Living Index 2018
March 22 , 2018
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- As per The Economist Intelligence Unit’s report “Worldwide cost of living 2018; Which global cities have the highest cost of living”, Bengaluru is the world’s fifth cheapest city among 133 global cities.
- Chennai and New Delhi, at eighth and tenth places, respectively, are among the top ten cheapest cities to live in.
- War-torn city of Damascus in Syria was the first in the cheapest cities list followed by Caracas, the South American city in Venezuela.
- Singapore retained its title as the world's most expensive city for the fifth consecutive year. Singapore was ranked ahead of Paris placed second on the list, Zurich (3rd) and Hong Kong (4th).
- The Worldwide Cost of Living report is a biannual Economist Intelligence Unit survey that compares more than 400 individual prices across 160 products and services that prevails in various cities.
- This reports gives in status of the world cities by comparing various price aspects of food, drink, clothing, household supplies, home rents, transport, private schools, recreational costs.
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