CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one is the world’s cheapest city as per the Cost of Living Index 2021?
A
Hanoi
B
Phnom Penh
C
Dhaka
D
Damascus
Explanation: 

Detailed explanation-1: -First is Hanoi with $141.12, second is Beijing with $159.05, third is Bangkok with $161.90, fifth is Kuala Lumpur with $194.43 and eighth is Jakarta with $204.59.

Detailed explanation-2: -The cheapest cities in the world Damascus (Syria), Tripoli (Libya), Tehran (Iran), Tunis (Tunisia), and Tashkent (Uzbekistan) were the cheapest cities of the lot.

Detailed explanation-3: -Syria’s Damascus is the world’s cheapest city to live in as per the cost of living. The Worldwide Cost of Living explores the cost of living in 173 cities and is measured against “impactful global events”.

Detailed explanation-4: -According to their methodology, America’s cheapest city is Harlingen, Texas, a small city of less than 72, 000 people at the southern tip of Texas near the Mexican border.

Detailed explanation-5: -Damascus was the cheapest city to live in in 2022. Image: EIU. Tel Aviv, which was the most expensive city in 2021, was pushed into third place by the rise in prices in New York and Singapore, while Hong Kong and Los Angeles completed the top five most expensive cities in the world.

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