Pakistan Claims Top Spot as the Most Affordable Country to Live in 2023
Pakistan Tops Global Charts as the Most Affordable Country to Live in 2023
Introduction
Pakistan has secured the coveted title of being the world’s most affordable country to live in 2023, which is a stunning revelation. This accolade highlights Pakistan’s unmatched affordability across a variety of everyday life facets and is endorsed by the well-known global cost of living database Numbeo.
Pakistan has the lowest cost of living, daily necessities, restaurant costs, and rents among all countries, according to Numbeo’s extensive list. The most economically significant city inside Pakistan’s boundaries is Rawalpindi, closely followed by Karachi and Lahore. Egypt, which has secured the second rank on the affordability podium, and India follow the country.
In a groundbreaking revelation, Pakistan has clinched the coveted title of the World’s most affordable country to live in 2023. This distinction comes from the latest data released by Numbeo, a renowned global cost of living database, showcasing Pakistan’s unparalleled affordability across various facets of daily life.
World’s most cheapest countries (cost of living in 2023):
1.🇵🇰 Pakistan
2.🇪🇬 Egypt
3.🇮🇳 India
4.🇨🇴 Colombia
5.🇱🇾 Libya
6.🇳🇵 Nepal
7.🇱🇰 Sri Lanka
8.🇺🇦 Ukraine
9.🇰🇬 Kyrgyzstan
10.🇸🇾 Syria— World of Statistics (@stats_feed) March 18, 2023
#pakistancostofliving
Numbeo’s comprehensive list highlights Pakistan’s cost of living, daily essentials, restaurant prices, and rents as the most affordable country to live in 2023 on a global scale. Within the borders of Pakistan, Rawalpindi emerges as the most economical city, closely trailed by Karachi and Lahore. The country is joined on the affordability podium by Egypt, securing the second spot, followed by India.
Contrastingly, the database identifies Bermuda, Switzerland, and the Cayman Islands as the Most Affordable Country to Live in 2023 to call home.
Delving into the specifics of Pakistan as the most affordable country to live in 2023, Numbeo estimates the monthly cost for a family of four, excluding rent, at an economical Rs283,669.4. For individuals, the monthly living expenses, excluding rent, stand at a modest Rs87,985.3.
This revelation further underscores the stark contrast in living costs globally, as the cost of living in Pakistan averages an impressive 75.2% lower than in the United States. Additionally, rents in Pakistan prove to be a staggering 93.7% lower than their counterparts in the US.
As Pakistan clinches this noteworthy recognition, it positions itself as a beacon of economic viability and affordability on the world stage, offering a cost-effective lifestyle without compromising on quality.
Conclusion
The announcement that Pakistan would be the world’s most affordable country to live in 2023 represents a major advancement in cost-of-living rankings worldwide. The award, which comes from the well-known cost-of-living database Numbeo, emphasises how affordable Pakistan is in many different spheres of daily life.
The statistics from Numbeo highlights how affordable food, eating, and housing are in Pakistan, making it more cost-effective than other countries. The cities of Lahore, Karachi, and Rawalpindi turn out to be the most affordable in Pakistan, hence enhancing the nation’s reputation for affordability.
Pakistan is notable for its affordable lifestyle when compared to other worldwide counterparts like Bermuda and Switzerland, where living expenditures are significantly higher. According to Numbeo’s calculations, Pakistan has significantly cheaper monthly expenses for a family of four than many other nations—that is, if rent is excluded.
Furthermore, the affordability reaches personal living costs as well, with Pakistan providing an affordable lifestyle without sacrificing quality. The disclosure of Pakistan’s affordability highlights the notable disparity in global living expenses, as Pakistan’s costs are on average substantially lower than those of nations such as the United States.
Pakistan’s celebration of this achievement serves to further solidify its standing as a global model of affordability and economic viability. This accolade not only demonstrates Pakistan’s economic tenacity but also its capacity to draw in those looking for a good standard of living at a reasonable price.