{"id":59563,"date":"2020-01-08T16:24:41","date_gmt":"2020-01-08T11:24:41","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=59563"},"modified":"2020-09-17T17:42:58","modified_gmt":"2020-09-17T12:42:58","slug":"eiu-report-ranks-karachi-as-6th-most-affordable-city-in-the-world","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/eiu-report-ranks-karachi-as-6th-most-affordable-city-in-the-world.html","title":{"rendered":"EIU report ranks Karachi as 6th most affordable city in the world"},"content":{"rendered":"

Lahore: The Economist Intelligence Unit (EIU) recently ranked Karachi as the 6th most affordable city in the world to live in, according to a news source. It released this ranking in its report titled \u2018Worldwide Cost of Living for 2019\u2019.<\/p>\n

EIU is a Britain-based firm which conducts activities such as forecasting, advisory, research and analysis across the world. It releases a \u2018Worldwide Cost of Living\u2019 report on an annual basis using a basket of 160 essential commodities to compare their prices and compile rankings. These commodities include costs such as food, clothing, rent, utility bills, clothing, personal care items, transport, education, and recreational costs.<\/p>\n

Read:\u00a0PM orders expediting Karachi developmental projects<\/a><\/p>\n

This list is used to compile rankings<\/a> for both the most expensive and the most affordable cities in the world. This report has been created with the goal to serve as a tool for human resources and finance managers to measure cost of living allowances and compile compensation packages for business travellers and expatriates accordingly.<\/p>\n

In 2019, the top most affordable cities to live in were:<\/p>\n

    \n
  1. Caracas<\/li>\n
  2. Damascus<\/li>\n
  3. Tashkent<\/li>\n
  4. Almaty<\/li>\n
  5. Bangalore<\/li>\n
  6. Karachi<\/li>\n
  7. Lagos<\/li>\n
  8. Buenos Aires<\/li>\n
  9. Chennai<\/li>\n
  10. New Delhi<\/li>\n<\/ol>\n

    Read:\u00a0Committee formed to prepare Karachi Master Plan<\/a><\/p>\n

    On the other hand, the 10 most expensive cities to live in for the same year were:<\/p>\n

      \n
    1. Singapore<\/li>\n
    2. Paris<\/li>\n
    3. Hong Kong<\/li>\n
    4. Zurich<\/li>\n
    5. Geneva<\/li>\n
    6. Osaka<\/li>\n
    7. Seoul<\/li>\n
    8. Copenhagen<\/li>\n
    9. New York<\/li>\n
    10. Tel Aviv<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

      Lahore: The Economist Intelligence Unit (EIU) recently ranked Karachi as the 6th most affordable city in the world to live in, according to a news source. It released this ranking in its report titled \u2018Worldwide Cost of Living for 2019\u2019. EIU is a Britain-based firm which conducts activities such as forecasting, advisory, research and analysis across the world. It releases a \u2018Worldwide Cost of Living\u2019 report on an annual basis using a basket of 160 essential commodities to compare their prices and compile rankings. These commodities include costs such as food, clothing, rent, utility bills, clothing, personal care items, transport, education, and recreational costs. Read:\u00a0PM orders expediting Karachi developmental projects This list is used to compile rankings for both the most expensive and the most affordable cities in the world. This report has been created with the goal to serve as a tool for human resources and finance managers to measure cost of living allowances and compile compensation packages for business travellers and expatriates accordingly. In 2019, the top most affordable cities to live in were: Caracas Damascus Tashkent Almaty Bangalore Karachi Lagos Buenos Aires Chennai New Delhi Read:\u00a0Committee formed to prepare Karachi Master Plan On the other hand, the…<\/p>\n","protected":false},"author":58,"featured_media":49679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[40,14882,14881,14880],"persona":[],"class_list":{"0":"post-59563","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-karachi","9":"tag-least-expensive-city","10":"tag-most-expensive-city","11":"tag-ranking","12":"cat-15017-id"},"acf":[],"yoast_head":"\nEIU report ranks Karachi as 6th most affordable city in the world - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Economist Intelligence Unit (EIU) recently ranked Karachi as the 6th most affordable city in the world to live in, according to a news source.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/eiu-report-ranks-karachi-as-6th-most-affordable-city-in-the-world.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EIU report ranks Karachi as 6th most affordable city in the world - 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