Panama The 7^th Most Affordable City in 2014

According to the 2014 Worldwide Cost of Living Index Report publish by The Economist Panama is ranked as the 7^th most affordable city in the World. This report compares and analyses 400 individual prices across 160 products and services in 131 cities around the globe.

Full Report

Preceded by other 6 cities located in Asia and Africa and tied with Bucharest (Romania), Panama City has successfully maintained this rank as the 8th most affordable city for 2 consecutive years.

Rank

1. Mumbai (India)
2. Karachi (Pakistan)
3. New Delhi (India)
4. Kathmandu (Nepal)
5. Damascus (Syria)
6. Algiers (Algeria)
7. Panama City (Panama) & Bucharest (Romania)