Numbeo, the world’s largest cost of living database, has ranked Pakistan asthe least expensive among the 139 countries of the world.
Minister for Finance and Revenue, Shaukat Tarin, shared a screenshot of theindex on his official Twitter handle on Sunday.
According to Numbeo’s datalink,the cost of living in Pakistan is, on average, 71.36 percent lower than inthe United States. Similarly, the residence rent in Pakistan is, onaverage, 90.59 percent cheaper than in the United States.
The index reveals that the average monthly expense of a four-member familycosts around Rs. 171,936.39 per month (without rent) while a singleperson’s estimated monthly expense is Rs. 51,837 (without rent).
According to Numbeo’s data, the average price of milk per liter in Pakistanis Rs. 122.75, rice per kg is Rs. 159.13, and eggs per dozen is Rs. 175.16.
Likewise, per kilogram cost of chicken meat in Pakistan is Rs. 394.19 perkg, beef Rs. 643.75 per kg, apple Rs. 170.77 per kg, oranges Rs. 115.29 perkg, tomatoes Rs. 77.94 per kg, potatoes Rs. 55.85 per kg, onion Rs. 52.83per kg, water (1.5-liter bottle) Rs. 61, and cigarettes 20 pack (Marlboro)Rs. 250.
Transportation, despite sky-rocketing oil prices, is still comparativelycheaper in Pakistan. Numbeo estimated that the average price of the one-waytickets (local transport) at Rs. 40. The normal tariff of taxis starts atRs. 150, taxi per km (normal tariff) Rs. 39, while an hour waiting charge(for a taxi) is around Rs. 300.
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Similarly, the price of basic utilities (electricity, heating, cooling,water, garbage) for an 85 square meters apartment is around Rs. 11,425.08per month, the price of one minute of prepaid mobile tariff (local) is Rs.2.67, whereas the cost of the internet (unlimited monthly data) is Rs.3,596.98.
One pair of jeans (levis or similar) costs Rs. 2,527, summer dress in achain store costs Rs. 3,980, pair of Nike running shoes (mid-range) Rs.8,412, and one pair of men leather business shoe Rs. 5,628.
As per the Numbeo, the rent of the one-bedroom apartment in the citycenter, on average, is Rs. 20,422, whereas a one-bedroom apartment outsideof the center costs around Rs. 12,998.91. A three-bedroom apartment in thecity center can be rented at Rs. 45,439, while outside of the center at Rs.28,860.
The per square meter cost to buy an apartment in the city center is aroundRs. 131,727, while the average cost per square meter apartment outside thecity center is Rs. 73,746.link