Karachi is the 6th most affordable city in the world, according to an annual report of the Worldwide Cost of living. The report was published by Economist Intelligence Unit (EIU). The cities are ranked by comparing prices of 160 essential commodities to compile a ranking including food, drink, clothing, education, recreational costs etc.
New York serves as the base city for survey with its index set at 100 and the other cities are ranked comparatively. Venezuela’s capital Caracas tops the list for the cheapest cities followed by Damascus, Syria while Singapore tops the list for the most expensive cities.
Source: Pro Pakistani