Categories: Ranks & Reports

EIU’s Worldwide Cost of Living (WCOL) Index 2020 announced

The Economist Intelligence Unit (EIU) has released its biannual ‘Worldwide Cost of Living (WCOL)’ report of the World’s Most Expensive Cities in 2020, based on their cost of living. Hong Kong (China), Paris (France) and Zurich (Switzerland) share the top spot as the most expensive cities in the list, which comprises of 133 cities.

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Damascus (Syria), Taskent (Uzbekistan), Lusaka (Zambia) ranked the last three spot as the most cheapest cities in the list, which comprises of 133 cities. The report took into account the price of 138 items, used in every day for survival, and the falling or rising value of that country’s currency due to Covid to rank the cities accordingly.

Important takeaways for all competitive exams:

Economist Intelligence Unit Headquarters: London, United Kingdom.
Economist Intelligence Unit Founded: 1946.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.