Tuesday, July 12, 2011

Karachi is the world's cheapest city.Most expensive and least expensive cities in the world

Luanda which is the capital of Angola in African continent is the world’s most expensive city for expatriates, narrowly edging out Tokyo, according to a survey published by Mercer group here on Tuesday.

Karachi the biggest city of Pakistan is the least expensive city ,goods and services are the cheapest when compared to the other cities of the world and cost of living around three times cheaper than in Luanda.

Oil-rich Angola with good many foreign workers who push up already high prices inflated by a reliance on imports.

Chadian capital N’Djamena, declared third with Moscow fourth and Geneva fifth,Paris at 27th while London is placed at 18th. New York at 32nd is the the most expensive metropolis in USA.


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