Pakistan third cheapest country in the world: report

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An extensive cost of living survey has ranked Pakistan as the third cheapest country in the world.

The cheapest country to feature in the study is India, with a cost of living index of 24.14, followed by Moldova, Pakistan, Kazakhstan and Nepal. A little further down the list you’ll find Colombia, Serbia, The Philippines, South Africa and Romania.

The survey takes into account the price of around 50 items, including a wide variety of accommodation, food and drink from both supermarkets and restaurants, clothing, taxi fares, leisure activities, utility, internet and mobile phone bills.

The cheapest restaurant meals and apartments are found in Nepal, while Cuba has the cheapest cinema prices, public transport and electricity bills. The cheapest McDonalds combo meal is found in the Ukraine, and the cheapest pair of Levis 501s can be purchased in Uganda.

Of those countries among the cheapest 20, India has the most world heritage sites (32), Colombia has the highest life expectancy (79) and the highest percentage of forested land (54%).

Romania has the best average internet connection speed (12.8mbits per second), Moldova has the fewest roads (9,352kms), Bosnia and Herzogovina is the least urbanised, while a natural disaster is least likely to occur in the Ukraine.