Mumbai Tops the List of World's 10 Cheapest Cities



#4 Damascus (Syria): Often referred to as "Pearl of the East" with reference to its astounding beauty, Damascus is the capital city of Syria. The population of this city is mostly Muslims but also constitutes Jews, who are now decreasing. Damascus saw an exceptional rise in its overall economy during the second half of the 20th century. With current ongoing tension and conflicts in Syria, the economy and social condition is in its lowest form; though the food habits and the living conditions remain relatively cheap. With large number of people migrating from rural areas to main city, its growth rate is higher than Syria in total, but along with it comes the problem of the large population that estimates to have increased more than tenfold.

#5 Kathmandu (Nepal): Placed in the lap of nature, Kathmandu boasts of natural beauty and abundance of natural products. Agricultural activities are the main source of income of the people along with the tourism sector. Being the capital of Nepal, Kathmandu is the main city for business domestically and internationally as well. With efforts extended from both local public and the government, new roads have been built, air services have been improved helping in the growth of economy. With less money spent you can live lavishly in this city as it provides you with commodities and amenities at affordable prices.

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