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Wednesday 10 July, 2024
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Pakistan Tops List of World’s Cheapest Countries

BY Shahzad Saeed May 27, 2023. 06:36 pm UPDATED: May 27, 2023. 06:36 pm

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Pakistan is one of the world’s least expensive places to live, despite its weak economy, unstable political situation, and rising inflation, according to international statistics.

According to the international statistical agency, Pakistan is the nation with the cheapest cost of living, followed by Egypt and India.

The ranking is determined by the cost of living in each nation and the associated decimal values in US dollars.

Due to the ongoing rise in the value of the dollar, Pakistan has seen a decline in its purchasing power in recent months.

Pakistan’s index score of 18 places it significantly lower than other nations in terms of the cost of living. The rental index score of 3.4 indicates that lodging in the nation is reasonably priced.

Read more: Honda Atlas, a prominent Pakistani automaker, reports a 90% decline in profits

 

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