Register to get unlimited access to 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.

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
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Thomas Miller explains its post-restructure plans

Profile: Thomas Miller explains its post-restructure plans

Thomas Miller Investment’s (TMI) head of wealth Matt Phillips has strong opinions about many things

Wealth Manager on Twitter