Lifestyle

World's Cheapest Cities for Expensive Living 2011

By on July 14, 2011

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No. 9 Cheapest City for Expensive Living: Ashkhabad, Turkmenistan

Monthly rent, unfurnished 2-br luxury apartment: $500
Lunch for one at a nice restaurant: $52.63
One liter of gas, unleaded 95 octane: $0.22
Beer, local brand: N/A
Cup of coffee, including service: $4.56

Turkmenistan's capital, Ashkhabad, primarily serves as a government center. According to the U.S. Embassy in Turkmenistan, the oil-and-gas, agricultural, and construction sectors have been the most promising areas for foreign investment in Turkmenistan, but tight state control of the economy, slow economic reform, and restrictive visa rules have made the country unattractive to foreign investors.
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