Economy, Domestic Economy
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Tehran Among World’s Least Expensive Cities

Tehran fell by two places in this year’s ranking to 121st most expensive city in the world, narrowly avoiding the bottom 10.Tehran fell by two places in this year’s ranking to 121st most expensive city in the world, narrowly avoiding the bottom 10.

Tehran is among the least expensive cities in the world to live in, according to the latest findings of the Worldwide Cost of Living Survey 2018 by The Economist Intelligence Unit. 
The survey, which compares the price of over 150 items in 133 cities, found the cost of living in Tehran is nearly half that of the benchmark city of New York. 
The capital city fell by two places in this year’s ranking to 121st most expensive city in the world, narrowly avoiding the bottom 10. 
Singapore remains the most expensive city in the world for the fifth year running, 16% more expensive than New York. 

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