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No. 1 Cheapest City for Expensive Living: Karachi, Pakistan

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No. 1 Cheapest City for Expensive Living: Karachi, Pakistan

Monthly rent, unfurnished 2-br luxury apartment: $292.90
Lunch for one at a nice restaurant: $18.75
One liter of gas, unleaded 95 octane: $0.94
Beer, local brand: N/A
Cup of coffee, including service: $2.70

Situated on the coast of the Arabian Sea, Karachi is Pakistan's financial center, main port, and largest city. Once again, it is the cheapest city in the world for expats. Karachi generates about 65 percent of Pakistan's total national revenue with industries that include cement, food processing, shipbuilding, steel, textiles, chemicals, refined oil, shoes, and machines, according to the Karachi Chamber of Commerce and Industry.