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New Delhi, Mumbai among world's cheapest cities

Last updated on: February 6, 2013 07:45 IST
The moon rises over the skyline of Manhattan in New York - the city used as a base for the survey.

Twice a year Economist Intelligence Unit comes up with a report the Worldwide Cost of Living, which details costs in different cities.

The report is compiled by comparing "more than 400 individual prices across 160 product and services" including food, drink, clothing, household supplies and personal care items, home rents, transport, utility bills, private schools, domestic help and recreational costs.

To evaluate the cities, the survey takes prices in New York as the base (100), and compared other cities with it.

Here's a list of cheapest and most expensive cities.

Click NEXT to see the 10 least expensive cities...

The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST
A man sells roasted corn from his cart as another waits to give camel rides to residents visiting Karachi

Karachi

Rank: 130

Country: Pakistan

WCOL index: 44

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST

Mumbai

Rank: 130 (a tie with Karachi)

Country: India

WCOL index: 44

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST
A view of the Jama Masjid.

New Delhi

Rank: 129

Country: India

WCOL index: 48

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST

Kathmandu

Rank: 128

Country: Nepal

WCOL index: 50

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST

Algiers

Rank: 126

Country: Algeria

WCOL index: 54

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST
A view of Dambovita River.

Bucharest

Rank: 126 (a tie with Algiers)

Country: Romania

WCOL index: 54

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST
A tourist takes photos of the Independence square in Colombo.

Colombo

Rank: 125

Country: Sri Lanka

WCOL index: 55

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST

Panama City

Rank: 124

Country: Panama

WCOL index: 56

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST
Fireworks explode above a giant video screen in Jeddah.

Jeddah

Rank: 123

Country: Saudi Arabia

WCOL index: 57

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The 10 cheapest cities

Last updated on: February 6, 2013 07:45 IST

Tehran

Rank: 122

Country: Iran

WCOL index: 58

Click NEXT to see the top 10 expensive cities...

The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
Reporters observe a panoramic view of the city of Tokyo.

Tokyo

Rank: 1

Country: Japan

WCOL index: 152

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
A night view of Osaka City, Japan.

Osaka

Rank: 2

Country: Japan

WCOL index: 146

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
Fireworks explode over the Sydney Harbour Bridge and Opera House during a pyrotechnic show to celebrate the New Year.

Sydney

Rank: 3

Country: Australia

WCOL index: 137

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
Pedestrians walk by the harbour during winter in Oslo.

Oslo

Rank: 4 (a tie with Melbourne)

Country: Norway

WCOL index: 136

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
Rowers train at dawn on the Yarra River in Melbourne.

Melbourne

Rank: 4 (a tie with Oslo)

Country: Australia

WCOL index: 136

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
The skyscrapers of Singapore's central business district are pictured before Earth Hour.

Singapore

Rank: 6

Country: Singapore

WCOL index: 135

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
A worker steers a boat and a pontoon on the Limmat River during sunny spring weather in Zurich.

Zurich

Rank: 7

Country: Switzerland

WCOL index: 131

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
Fireworks burst over the Eiffel Tower as France celebrates Bastille Day in Paris.

Paris

Rank: 8

Country: France

WCOL index: 128

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
An aerial view of Caracas.

Caracas

Rank: 9

Country: Venezuela

WCOL index: 126

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The 10 most expensive cities

Last updated on: February 6, 2013 07:45 IST
balloonist uses his burner during a flight above the city of Geneva.

Geneva

Rank: 10

Country: Switzerland

WCOL index: 124