Delhi, Chennai among cheapest cities to rent

Published: August 13, 2020

According to a new report published by Purely Diamonds, Delhi and Chennai are the cheapest cities in the country to rent a house. The couples and newly-weds looking to rent a house should start looking in these cities in the country if they want to cut down on their expenses for living in an apartment.

Details of the Report

As per the report, Ho Chi Minh city has been found to be the cheapest in the world whereas New York has been found to be the most expensive city to rent, in the entire world. Mumbai comes at the 5th position in the list of the cheapest cities in the world. Bangkok in Thailand, Athens in Greece, Kuala Lumpur in Malaysia contribute to the remaining positions in the list.

Coming to the expensive cities in the world, four cities are from the US only – New York, Los Angeles, Las Vegas and Miami that form the top five along with Venice in Italy. Dubai, Amsterdam, etc. are also there in the list of top 10 cities which are very expensive in the world.

Economist Intelligence Unit Annual Survey

Relevant to this report, the EIU also carries out a survey in order to find out the most livable cities in the world. The report is prepared based on data collected from 140 cities on a range of factors including the political and social stability, crime, education and access to healthcare. In the year 2019, this reported the Austrian capital Vienna as the most livable city in the world, followed by Melbourne in Australia.

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