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
Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Play Wealth managers reveal the best investment ideas of the year

Wealth managers reveal the best investment ideas of the year

From robotics to impact investing, wealth managers share the best ideas they have heard this year.

Play Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Sophie Earnshaw talks through what Xi Jinping's 'new era' means for investors. and why Chinese tech offers some of best growth stocks in the world.

Read More
Your Business: Cover Star Club

Profile: JM Finn on why the future is with financial planners

Profile: JM Finn on why the future is with financial planners

There is a lot of work on pension consolidation and Sipps have been a big driver there, says JM Finn chief executive

Wealth Manager on Twitter