Is The Philippines One of The Cheapest Countries To Live In?

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Using the CPI or Consumer Price Index, MoveHub.com has released a scientific infographic of countries with their cost of living and ranked them from the highest to the lowest. A CPI of 60 means that a country has 40% cheaper living costs compared to New York.

Guess where the Philippines figures when compared to all the countries included in this study. Some of you might be surprised. The result could actually be good for the Philippines as it will make the country attractive for foreign tourists who want to stretch their limited budget.


An interesting map from MoveHub reveals living costs around the world.