Tuesday, July 12, 2011

Tokyo is world’s most expensive city while Karachi is the least

A survey released from the Economist Intelligence Unit revealed that Karachi, Pakistan’s economic hub is world’s least expensive city while Tokyo, Japan is world’s most expensive.

India’s Mumbai and New Delhi are also among the bottom 5 cities.

Worldwide Cost of Living 2011

European cities covers almost half of the top 50 having 4 of them in the top 10 including Paris, Zurich, Frankfurt and Geneva.

As Australian dollar is getting stronger, the cost of living in Australian cities is raising day by day. Sydney, Melbourne, Perth and Brisbane are among the top 15 most expensive cities.

American cities rankings are generally on the drop with New York at 49th position among world’s most expensive cities.

Top 10 cities

1. Tokyo
2. Oslo
3. Osaka
4. Paris
5. Zurich
6. Sydney
7. Melbourne
8. Frankfurt
9. Geneva
10. Singapore

Bottom 5 cities

129. New Delhi
130. Tehran
131. Mumbai
132. Tunis
133. Karachi

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