Karachi is among the world’s top 10 cheapest cities in the world again, according to a new report. The Economist Intelligence Unit’s Worldwide Cost of Living 2019 report states that although the best value for money ─ at least by Western standards ─ is traditionally offered by South Asian cities and certain Middle Eastern cities, cheap does not always mean cheerful. “Put simply, cheaper cities also tend to be less liveable,” the report noted. Last year, Karachi held the 137th spot on the EIU’s ranking of liveable cities ─ just four places above the bottom of the table. It only managed to fare better than Damascus, Dhaka and Lagos on the survey ranking cities on a range of factors, including political and social stability, crime, education and access to healthcare.

Source: Pakistan Today March 23, 2019 15:22 UTC