{"id":102630,"date":"2023-11-30T19:39:08","date_gmt":"2023-11-30T18:39:08","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/lagos-ranked-among-worlds-cheapest-cities"},"modified":"2023-11-30T19:39:08","modified_gmt":"2023-11-30T18:39:08","slug":"lagos-ranked-among-worlds-cheapest-cities","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/lagos-ranked-among-worlds-cheapest-cities","title":{"rendered":"Lagos ranked among world\u2019s cheapest cities"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Lagos State has been ranked among the world\u2019s cheapest cities.<\/p>\n

Economists Intelligence Worldwide Cost of Living 2023 survey disclosed this in its latest report.<\/p>\n

Accordingly, the survey ranked Lagos and Damascus, Syria, among the bottom ten cities with the cheapest living costs.<\/p>\n

The report ranked Lagos 165 out of 173, which is Damascus with the lowest living costs.<\/p>\n

Conversely, Singapore and Zurich(Switzerland) are the most expensive cities to live in worldwide, according to EIU WCOL 2023.<\/p>\n

Also, New York in the United States of America followed Singapore and Zurich as the third most expensive city.<\/p>\n

\u201cSingapore kept its position as the world\u2019s most expensive city this year for the ninth time in 11 years. It ranks jointly with Zurich (Switzerland), which is back at the top after three years.<\/p>\n

\u201cNew York (US), which came joint first last year, moved down to third position, tying with Geneva (Switzerland).<\/p>\n

\u201cThe world\u2019s cheapest city is still Damascus (Syria).<\/p>\n

\u201cOf the ten categories in our price index, utility prices rose slowly over the past year, reflecting the waning impact of Russia\u2019s invasion of Ukraine in 2022. Grocery prices, however, continue to rise strongly\u201d, the report stated.<\/p>\n

Meanwhile, according to the National Bureau of Statistics Consumer Price Index data for October 2023, Lagos State, with an All-time inflation rate of 31.23 percent, is among Nigeria\u2019s most expensive places to live.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Lagos State has been ranked among the world\u2019s cheapest cities. Economists Intelligence Worldwide Cost of Living 2023 survey disclosed this in its latest report. Accordingly, the survey ranked Lagos and Damascus, Syria, among the bottom ten cities with the cheapest living costs. The report ranked Lagos 165 out of 173, which is […]<\/p>\n","protected":false},"author":84,"featured_media":102629,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,206,254],"class_list":["post-102630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-lagos","tag-nigeria"],"yoast_head":"\nLagos ranked among world\u2019s cheapest cities - Nigeria<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/lagos-ranked-among-worlds-cheapest-cities\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lagos ranked among world\u2019s cheapest cities\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Nigeria. Lagos State has been ranked among the world\u2019s cheapest cities. Economists Intelligence Worldwide Cost of Living 2023 survey disclosed this in its latest report. Accordingly, the survey ranked Lagos and Damascus, Syria, among the bottom ten cities with the cheapest living costs. 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