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India: The lowest cost of living in the world
Mar 18, 2015

Inflation has been haunting us Indians for quite a while now. In fact, most of the Reserve Bank of India's policies have had no option but to be geared towards firefighting the menace of inflation. Amid this background, today's chart of the day should come as some solace. As per a study showcased in the Business Insider measuring current consumer price levels across the globe, India is pegged to have the lowest cost of living in the entire world!

India comes it at just 26 on the cost of living index, the lowest by far. Even countries such as Nepal, Pakistan and Tunisia come in higher on the index. At the other end of the spectrum lies Switzerland with the highest cost of living in the world.

Data Source: Business Insider, Numbeo

This Chart Of The Day was published in The 5 Minute WrapUp - Should you buy now and investigate later?

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