Business News
Home > Business News
3 of the world’s ten cheapest cities are in India; one is Delhi, check the other two
TIWN
TIWN
PHOTO : TIWN
New Delhi, May 27 (TIWN): Wondering which cities are the cheapest to live in the world? You may be in for a surprise as three out of the cheapest ten global cities belong to India, which also includes the national capital Delhi, says a report. Other two are India s Silicon Valley Bangalore and auto hub Chennai, the Economist Intelligence Unit report revealed. Incidentally, Chennai and Bangalore are also among the ten global cities with the fastest growing economies, according to another report curated by Oxford Economics.
Cost of living in India
While Delhi and Bangalore are among the costliest cities to live in India, they seem quite reasonable when compared to global commercial hubs such as Paris and London.
The average cost of living in Delhi is a little less than Rs 25,000 per person (without rent), according to a global crowd-sourced information gathering site. The same site also states that the Chennai people spend about Rs 22,000 per month (exclusive of rent). The same for Bangalore is a few hundreds over Rs 24,000, according to the Numbeo data.
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research
Special Articles
Sanjay Majumder
Anirban Mitra