Egypt

Egypt among world’s 10 cheapest compared to New York

Egypt ranks seventh among the world’s cheapest countries, according to a statistic comparing the cost of living at several countries to that in New York City.
 
Living costs in Egypt is 60 percent cheaper than that in New York, according to movehub.com, an expat guide website.
 
“The Consumer Price Index, used to determine the difference in the living costs between countries takes into account the prices of groceries, transportation, restaurants and utilities,” movehub.com says of its infographic statistic, which put India as the world’s cheapest on that scale.
 
Egypt is preceded in the ranking by Moldova, Algeria, Tunisia, Pakistan, Nepal and, in first place, India.
 
Switzerland is listed as the most expensive.
 
The website said it relied in its infograph on data from “Numbeo, the world's largest database of user-contributed data on costs and prices around the world.”
 

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