Houston India is the world's second cheapest country in terms of living or retirement. Recently, a survey conducted among 112 countries has been South Africa in the first place in this case. This survey has been done by Go Banking Rates. He has fixed the ranking of countries on four key parameters. For this, he assessed data mobilized by Nobiobi. The survey has been ranked on the basis of local purchasing index, fare index, commodity prices for general consumption (consumer) index and consumer price index standards.
India is in second place in the fare index for the 50 most cheap countries in the world. Only the neighboring country comes from Nepal. Accordingly, India is the cheapest country to live in other countries. India is also the cheapest country, according to the prices of consumer goods and grocery, where a single person can spend his or her monthly expenditure in the city of Kolkata at a monthly cost of $ 285.
According to the survey, India, with a population of 125 crores, is one of the 50 most cheap and highly populated countries in the world. The major industries are textiles, chemicals and food processing here. Apart from this, many cities in India have more local purchasing power. According to the survey, the local purchasing power of Indians is 20.9, the cost is 95.2, the price of grocery is 74.4 and the local goods and services are 74.9 affordable.
India's neighboring country is ranked 14th in Pakistan's list. Apart from this, 13th of Colombia, 28th in Nepal and 40th in Bangladesh. All these standards of these countries have been compared to New York City of America.-Agency