The 10 most affordable cities in the world
Of all the cities in the world, your dollar will go the furthest in Mumbai, India.
It’s currently the cheapest city to live in, according to the Economist’s World Cost of Living Index.
The index, which is calculated every other year, compares countries based on the cost of things like food, drink, clothing, rent, transportation, and utility bills.
It’s designed to help companies figure out how much to compensate employees who are working overseas.
Some of the world’s cheapest cities, like fourth-ranked Damascus, Syria, are also among the most dangerous. This list shouldn’t be considered a guide for people who are looking to save money by moving overseas — try this list of places where expats can live for cheap instead — but rather as a look into the cost of living in places far away from home.
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
Retail, Consumer Goods and Lifestyle
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Urban TransformationSee all
Lars Christian Grødem-Olsen
December 2, 2024