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Bucharest in top ten of cheapest world cities

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Bucharest is among the ten cheapest world cities, according to a classification made by the Economist Intelligence Unit (EIU), according to the cost of life, on the same level as Kiev and New Delhi, but more expensive than Mumbai, Algiers or Karachi.

The cheapest city is Alma-Ata in Kazakhstan, followed by Lagos (Nigeria) and Bangalore (India). Bucharest ranks last, next to Kiev and New Delhi.

The most expensive city is Singapore, followed by Hong Kong and Zurich, followed by Tokyo and Osaka (Japan).

Four European cities- Zurich (4th), Geneva (7th), Paris (8th) and Copenhagen (10th) are in top 10 of the most expensive European cities.

The Economist Intelligence Unit is the research and analysis division of The Economist Group.

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