According to the latest Cost of Living Index 2024 released by data company Karachi, Lahore, and Islamabad have been named among the world’s cheapest cities. The index, which relies on user-contributed data from the largest global database on living expenses, places these Pakistani cities at the lower end of the cost spectrum, underscoring their affordability.
In contrast to the world’s priciest urban centers, such as New York and Tokyo, Karachi, Lahore, and Islamabad offer a more budget-friendly lifestyle. This ranking highlights Pakistan’s relative affordability and provides valuable insights for expatriates, investors, and travelers considering relocation or visits.
The Cost of Living Index serves as a crucial tool for understanding how far one’s money will go in different parts of the world, reflecting both everyday expenses and overall living standards.