Pakistan is the Cheapest Country To Live In: Report

Despite the global impact of inflation on numerous nations, Pakistan stands out as the most affordable country to reside in.

As per the 2023 global cost of living database by Numbeo, Pakistan boasts the lowest expenses for daily necessities, restaurant prices, and rents, making it the most economical choice worldwide.

The database specifically identifies Rawalpindi as the least expensive city in Pakistan, followed by Karachi and Lahore. In the global ranking, Egypt secures the second spot for affordability, trailed by India.

Also Read: Pakistan Expects Major Inflation Reduction From January

Contrastingly, Bermuda, Switzerland, and the Cayman Islands are recognized as the most expensive countries to live in according to the same database.

Cheapest countries to live in the world:

1. Pakistan 🇵🇰
2. Egypt 🇪🇬
3. India 🇮🇳
4. Nigeria 🇳🇬
5. Libya 🇱🇾
6. Syria 🇸🇾
7. Nepal 🇳🇵
8. Bangladesh 🇧🇩
9. Uzbekistan 🇺🇿
10. Turkey 🇹🇷
.
12. Colombia 🇨🇴
13. Iran 🇮🇷
17. Kenya 🇰🇪
21. Kyrgyzstan 🇰🇬
23. Argentina 🇦🇷
24.…

— World of Statistics (@stats_feed) November 26, 2023

Providing insights into the cost of living in Pakistan, the summary indicates that the estimated monthly expenses for a family of four amount to Rs283,669.4, excluding rent. For an individual, the estimated monthly costs, excluding rent, are Rs87,985.3.

Moreover, the overall cost of living in Pakistan is, on average, 75.2% lower than in the United States. Additionally, rents in Pakistan are, on average, 93.7% lower than those in the US.