Welcome to our new website! Let us know what you think..

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

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

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

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

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

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

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

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

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

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
Citywire TV
Play Gervais Williams: the real reason to worry about Quindell

Gervais Williams: the real reason to worry about Quindell

Citywire AA-rated manager Gervais Williams has argued that sentiment is the true danger to Quindell.

Play AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A

AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A

Henderson International Income trust manager Ben Lofthouse shares his thoughts on recent developments in the tobacco sector in this video.

1 Play Renewable energy: what I found on my solar farm trip

Renewable energy: what I found on my solar farm trip

Renewable energy is attracting a lot of investor interest, so I headed to the UK's largest solar farm to find out more.

Your Business: Cover Star Club

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Nineteen months on from the merger of Quilter Cheviot chief executive Martin Baines says the deal is now paying dividends.

Wealth Manager on Twitter