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25 of the world’s cheapest places to live

When the words cheap and inexpensive are thrown around, people may be a bit skeptical as to what they are applied to. You know what they say – “you get what you pay for”. While this is normally a justified position, price does not necessarily imply quality. This is especially true when it comes to choosing a place to live. There are a great number of variables that goes into calculating the value of a place; from a city’s policies to a city’s urban design. These variables make delineating value from a city a little complex. However, thanks to the Economist’s Intelligence Unit report, there is a list available ranking the top 25 of the world’s cheapest places to live. Now the question is, would you live in any of these places?