While most of us complain about how expensive our country has become over a period of time, a world survey tells a different story altogether. India is ranked as the second cheapest country to live in the world. This is second to South Africa as the most affordable country to live or retire, according to a recent survey of 112 countries.
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The survey by GoBankingRates ranked nations on the bases of four key affordability metrics provided by online pricing database Numbeo. The metrics are: Local purchasing power index, rent index, Groceries index, and Consumer price index.
reuters