There are a range of interesting options here including some of the most beautiful and cheapest coastal cities to live in such as Rio de Janeiro in Brazil which comes in at $1000/month on this index. Affordable Cities to Live in City Country Cost of Living Index ($US/Month) Casablanca Morocco 850 Baghdad Iraq 850 Tehran Iran 850 Salvador Brazil 850 Havana Cuba 850 Lima Peru 850 Hanoi Vietnam 900 Jakarta Indonesia 950 Kuala Lumpur Malaysia 950 Caracas Venezuela 950 Johannesburg South Africa 950 Istanbul Turkey 1000 Ho Chi Minh City Vietnam 1000 Santo Domingo Dominican Republic 1000 Rio de Janeiro Brazil 1000 Kingston Jamaica 1000 Guadalajara Mexico 1050 San José Costa Rica 1050 Manila The Philippines 1050 Almaty Kazakhstan 1050 Tirana Albania 1050 Perhaps the most livable city in this section is Buenos Aires, the vibrant Argentine capital which is now very cheap for foreigners moving there given the collapse of the Argentine Peso and major economic difficulties in the country in recent years. While none are quite as cheap as Karachi, the city with the lowest cost of living, you can also live for very little in major cities in places like Egypt, Colombia and Turkey. There are cities from a wide range of regions that feature in this section though. The average monthly salary in this part of the world is typically well under that amount. There is great value to be found right across the Indian subcontinent though with many cities in India and Bangladesh also very possible to live on as little as $500/month or less in some cases. Of the 100 major global cities we looked at, the Pakistani cities of Karachi and Lahore ranked as the two most affordable. Some of the cheapest cities to live in the world are found in South Asia with Pakistan exceptionally cheap to live in by global standards. Living Costs in 2023 – Living Expenses around the WorldĬheapest Cities to Live in City Country Cost of Living Index ($US/Month) Karachi Pakistan 400 Lahore Pakistan 450 Cairo Egypt 550 Delhi India 600 Dhaka Bangladesh 600 Bogota Colombia 700 Medellin Colombia 700 Asunción Paraguay 700 Buenos Aires Argentina 700 La Paz Bolivia 700 Quito Ecuador 750 Ankara Turkey 750 Lagos Nigeria 750 Dar es Salaam Tanzania 750 Baku Azerbaijan 800 Mumbai India 800 Nairobi Kenya 800 Cairo, Egypt – one of the cheapest major global cities to live in. However, as a rough guide, the figure for each city is loosely designed to cover the cost of rented accommodation for one person plus typical day-to-day living expenses (groceries etc). Like any cost of living calculator, this is not an exact science and your actual expenses will depend greatly on your lifestyle. The above articles and the country cost of living pages linked to in the table below go into more detail about how the cost of living index was calculated. North America Living Costs | South America Living Costs | Europe Living Costs | Asia Living Costs Alternatively, you may want to focus on one region: Scroll down for a full cost of living comparison for major cities around the world. It should help you get an idea of how living costs around the world compare whilst highlighting some of the cheapest cities to live in. Privacy Policy.The world cost of living table features 100 major cities from a vast range of countries and every continent. Under which this service is provided to you. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018Ĭable News Network. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
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