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Karachi is the third world’s least expensive city for expats in 2019

Pakistan’s commercial hub and biggest city Karachi along with the capital Islamabad have been named among the cheapest cities in the world for expats in 2019 by the consulting firm Mercer, according to the Bloomberg’s report.

For formatting the included to looks at 209 cities around the world, measuring the comparative cost of more than 200 items in each location, including housing, transport, food, clothing, household goods, and entertainment.

On the top of the list, the least expensive city for expats is Tunis in Tunisia, on the second spot is Uzbekistan’s capital Tashkent, while Karachi on third in the world of a total 209 cities.

Pakistan’s federal capital Islamabad is ranked seventh, followed by Tbilisi in Georgia, Skopje, Macedonia and Managua, Nicaragua rounding up the top 10.

In 2018, Karachi had been named as the sixth cheapest in the world by the Economist Intelligence Unit out of a total of 133 cities.

According to the Cost of Living survey, the eight of the top 10 cities named are in Asia, up from six entries in 2018.

When it comes to the world’s most expensive cities for expats, the top most expensive cities this year were in Asia.

Tourists visit a Kowloon promenade along Victoria Harbour in Hong Kong, Oct 3, 2018. (ANTHONY WALLACE / AFP)

Hong Kong is at the of the list for 2019 for a second consecutive year, with Tokyo, Singapore, Seoul, and Zurich rounding out the top five.

According to the survey report, Asia’s dominance of the top 10 was mainly due to strong housing markets.

Saman Siddiqui

I am a freelance journalist, holding a Master’s Degree in Mass Communication and an MS in Peace and Conflict Studies, associated with the electronic media industry since 2006 in various capacities. Here at OyeYeah, I cover a range of genres, from journalism to fiction to fashion, including reviews, and fact findings. 

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