Karachi has been ranked as the sixth most affordable city in the world in the Worldwide Cost of Living (WCOL) index 2022 by a report published by Economic Intelligence.
The WCOL has ranked Damascus (Syria) as the most affordable city of the world followed by Tripoli (Libya), Tehran (Iran), Tunis (Tunisia), Tashkent (Uzbekistan) and Karachi (Pakistan).
The report lists Singapore as the most expensive along with New York City.
Singapore, bagging the top position for the eighth time in ten years, remains the most expensive in the world, coupled with New York, followed by Tel Aviv (Israel), Hong Kong, Los Angeles and Zurich (Switzerland) in the list of top ten countries.
The survey was conducted between August 16 and September 16, tracking the prices of 200 goods.