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Cheapest Places to Live In the World

According to CNN the 5 Cheapest Countries to Live In are

5. Pakistan - Though politically unstable, the weak Pakistani Rupee favors the American Dollar, making some things unbelievably cheap. Things such as petrol and meals in restaurants may be equal or more expensive than its American counterpart, but what really makes Pakistan cheap is its real estate. A 4 bedroom house with running water in the urban center of Karachi will only set you back $33,000. Now that's a jaw-dropper.

4. Philippines - 200,000 Americans living in this Asian country cannot be wrong. A taxi ride for about a mile will cost you 20 cents while a haircut will be a whooping 80 cents. The cost of a live in maid for a month? $45. Tuition at a local university for a semester will only cost you a mere $250. The Filipino people all speak perfect English, making the Philippines not only the cheapest country in Asia, but also the most appealing to Americans for it being the only Christian, English-Speaking, tropical Asian nation.

3. Argentina - Recently, Argentina has dropped dramatically in the rankings from being one of the costliest countries in the world to one of the most affordable, due to economic crisis that has plagued this South American nation. Leather goods such as jackets and purses are approximately half of what they cost in the States. A movie ticket? $4. Although real estate may not be as cheap as in the Philippines or Pakistan, the amazingly affordable food and services make up for it.

2. Zimbabwe - Not much is known about this mysterious African country, but that its goods are relatively cheap, thanks to having the world's highest inflation rate at 1,000%. Recently, real estate prices have skyrocketed, but the rapidly dropping value of the Zimbabwean currency balances out. A liter of milk = .84 cents; a kilogram of beef is approximately .60 cents.

1. Paraguay - The cheapest country in the world, according to the Cost of Living Survey conducted by Mercer annually, is the hidden gem of South America, Paraguay. Your monthly rent in your downtown apartment will set you back only $150 and the price for a night at a nice, clean hotel is an astonishing $5. Want more crazy prices? Beer is .60 cents while a meal in a restaurant consisting of salad and steak will cost you $3. Want to live like a king? Your dollars will go the farthest here, giving it the title of Cheapest Country in the World.

In another survey of the cheapest cost of living survey of 144 cities across the globe, here are the cheapest 20:

125 BANGKOK Thailand
126 TUNIS Tunisia
127 DACCA (DHAKA) Bangladesh
128 SANTIAGO Chile
129 TEHRAN Iran
130 BLANTYRE Malawi
131 TIANJIN China
132 COLOMBO Sri Lanka
133 BOGOTA Colombia
134 HARARE Zimbabwe
135 SAN JOSE Costa Rica
136 KARACHI Pakistan
137 QUITO Ecuador
138 CHENNAI (MADRAS) India
138 CARACAS Venezuela
140 MONTEVIDEO Uruguay
141 BANGALORE India
142 BUENOS AIRES Argentina
143 MANILA Philippines
144 ASUNCION Paraguay

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