Thursday, 13 February 2020

India among the world’s cheapest countries to live in

From its crystal clear lakes, rolling pristine hills and alpine valleys to its charming towns and handsome cities, Switzerland is a stunning place to visit. But as anyone who has journeyed there can attest – it is pricey. So much so in fact, that a new study has named it the most expensive country in the world to live in. The same study shows that India falls among the cheapest ones.

According to a new study published by Ceoworld Magazine, of the 132 countries, India ranks 130th (only after Pakistan and Afghanistan) followed by Syria, Uzbekistan, Kyrgyzstan, Tunisia, Venezuela, Kosovo, Georgia, Nepal and Egypt.

As per the study the European countries took a significant number of the top spots on the most expensive list, with nine of the top-twenty nations being on the continent. The rankings were based on five different categories that were studied, with the data focusing on cost of living, rent, the price of groceries, the cost of eating out and purchasing power. Data was then added into an index, using New York City as a control to measure each destination against. The Big Apple was given a score of 100, meaning that any country higher than that was more expensive than it.

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from
via Lonely Planet India

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