August 28, 2010

Kolkata is world's 8th most inexpensive city


Saturday, 21 August 2010, 12:17 IST

Bangalore: We always hear of surveys done to find out which is the best city or country in the world. There are studies done to find out in which city is the standard of living very expensive and so on and so forth. Rarely do we come across a study or survey done to locate the most inexpensive city in the world to live in.

Now here comes a survey to find out the least expensive city in the world, carried out by the 2010 Mercer Cost of Living Survey. The survey threw out some very interesting results.

Kolkata (ranked 8th) emerged as the only Indian city to make it to the list of the world's 10 least expensive cities. The capital of West Bengal has a populace of more than 15 million. The city is fondly referred to as the cultural capital of India.
The city that held the top spot is Karachi, the largest city in Pakistan. Islamabad, the capital of Pakistan, followed at a close third.
It is no surprise that the cities featuring in this unique list are located majorly in third world countries or developing nations.
Here is the complete list of the cities in ascending order (one to ten): Karachi (Pakistan), Managua (Nicaragua), Islamabad (Pakistan), La Paz (Bolivia), Ashgabat (Turkmenistan), Bishkek (Kyrgyzstan), Addis Ababa (Ethiopia), Kolkata (India), Tegucigalpa (Honduras) and Windhoek (Republic of Namibia).

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