According to The Economist, Argentina is one of the 10 cheapest cities in the world

According to a ranking published Tuesday by the British weekly, the city of Buenos Aires is one of the 10 cities whose cost of living is the most economic in US dollars. L & # 39; economist.

The full report presents the top ten least expensive cities:

1. Caracas (Venezuela)
2. Damascus (Syria)
3. Taskent (Uzbekistan)
4. Almaty (Kazakhstan)
5. Bangalore (India)
6. Karachi (Pakistan)
7. Lagos (Nigeria)
8. Buenos Aires
9. Chennai (India)
10. New Delhi (India)

In any case, the positioning is due, according to the Intelligence Unit of L & # 39; economist, to "the impact of currency devaluation" in the graded countries.

"The impact of the devaluation of the currency is also felt in the Argentine capital, Buenos Aires, which has joined the last ten places in 125th place (out of the 133 measured). The city also fell … positions in the ranking after a crisis of confidence in Argentina, which resulted in a sharp weakening of the peso against the US dollar in August, "the report said.

At the other extreme, Paris, Singapore and Hong Kong, tied at 107 points, rank first among the most expensive cities in the world, as follows:

1. Singapore (Singapore)
Paris, France)
Hong Kong (China)
3. Zurich (Switzerland)
4. Geneva (Switzerland)
5. Osaka (Japan)
6. Seoul (South Korea)
7. Copenhagen (Denmark)
8. New York (United States)
9. Tel Aviv (Israel)
10. Los Angeles (United States)

Quantified metrics include the cost of rent, transportation, education, food, beverages, clothing, household and personal care items, and recreational activities.

The author of the report, Roxana Slavcheva, said that Paris is, since 2003, one of the ten cities where the cost of living is highest.

"European cities generally have the highest costs in the home, personal care, leisure and entertainment categories, and Paris is a good representative in these categories," he said.

Agree with L & # 39; economistthere is a "growing number of localities" that are becoming less and less expensive due to political and economic instability.