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 Taxicab Tenner: AXA IM's Nicolas Trindade

Taxicab Tenner: AXA IM's Nicolas Trindade

After a summer break, it is the turn of AXA Investment Manager's Nicolas Trindade to give a £10 view of how fixed income is faring.

Play Wealth Manager Olympics: the Relay

Wealth Manager Olympics: the Relay

In the final round of the Wealth Manager Olympics, our intrepid athletes team up for the relay.

Play Wealth Manager Olympics: the Shot Put

Wealth Manager Olympics: the Shot Put

After busting a gut in the 100m sprint, our wealth manager Olympians displayed their brute strength in the shot-put.

Read More
Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter