Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

The 10 cheapest cities on the planet

After highlighting the most expensive cities on earth, we show the 10 cheapest places from the Economist Intelligence Unit's World Wide Cost of Living Survey.  

10. Tehran, Iran

A volatile currency and domestic unrest have helped Tehran into the cheapest ten.

You can't buy table wine (legally) due to local customs.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

9. Jeddah, Saudi Arabia

The Saudi Arabian port city is ninth in the list.

You can't buy table wine (legally) due to local customs.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

8. Panama City, Panama

Despite having one of the most competivive economies in Latin America, Panama is eighth.

An average bottle of table wine costs $6.92 (£4.46).

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

7. Colombo, Sri Lanka

Sri Lanka's largest city comes in at seventh.

An average bottle of table wine costs $12.35.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

6. Bucharest, Romania

Despite being the most prosperous city in Romania, Bucharest is sixth.

An average bottle of table wine costs $3.77.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

5. Algiers, Algeria

Once a Phoenician commerical outpost, Algiers is the fifth cheapest place to live.

An average bottle of table wine costs $11.28.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

4. Kathmandu, Nepal

Rocked by political instablity, the fourth cheapest is Nepalese capital Kathmandu.

An average bottle of table wine costs $21.33.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

3. New Delhi, India

The Indian capital, known as a microcosm of India, is third.

An average bottle of table wine costs $21.38.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

2. Mumbai, India

Mumbai, built on what was once an archipelago of seven islands, is second.

An average bottle of table wine costs $23.82.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

1. Karachi, Pakistan

Pakistan's largest city, also known as the City of Lights, is the least expensive.

An average bottle of table wine costs $14.79.

Now see the 10 most expensive cities on the planet.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Play Europe bulls, a retail boost and why a little inequality can be a good thing

Europe bulls, a retail boost and why a little inequality can be a good thing

This week’s Investment Pulse looks at whether investors should be bullish on Europe, the surprise rise in UK retail sales and if a little inequality is a good thing.

Your Business: Cover Star Club

Profile: meet the duo at the heart of Hargreave Hale's succession plan

Profile: meet the duo at the heart of Hargreave Hale's succession plan

For the first time in the company's history a non-Hargreave is now at the head of the north west broker and asset manager

Wealth Manager on Twitter