Bangalore Is The Cheapest {And Best} City In India And 5th Least Expensive In The World

Aakanksha posted on 22 March

Before you become disgruntled and call the city bad, it’s not. This is not a bad cheap. According to The Worldwide Cost of Living 2018 survey, Bengaluru is the cheapest city in India and fifth least expensive city globally, thanks to access to local produce and merchandise. This means, we’re not too dependant on imports and foreign goods, keeping prices lower than more other places. And since the survey is based on the comparison of over 400 individual prices of about 150 products and services in each city, we’re thinking this is a win-win situation. Some of the products include food, drink, clothing, groceries and personal care products, rent, transport, utility billd, private schools, domestic help and recreational costs.

Given our wonderful weather, the plentiful gardens, microbreweries and now cheaper cost of living, we are going out on a limb to say that this makes Bangalore, possibly the best city to live in. Oh, you want to bring up traffic, don’t even! Just take the beer, at a lower rate than other places, and sit drinking it while watching the summer rains! No, really. We can’t complain too much. On the global scale, we come behind Damascus, Caracus in Venezuela, Almaty in Kazakhstan, and Lagos. Chennai ranks 8 with New Delhi closing off the cheapest 10. In case you’re wondering, Singapore is the most expensive city in the world with Paris, Zurich and Hong Kong following.

Download the entire report here, by signing up for The Economist Intelligence Unit.

This report first appeared in The Economic Times. Read the entire post here.