{"id":124409,"date":"2016-05-20T15:31:51","date_gmt":"2016-05-20T13:31:51","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=124409"},"modified":"2016-05-20T15:31:51","modified_gmt":"2016-05-20T13:31:51","slug":"south-africa-has-two-of-the-cheapest-cities-in-the-world","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/124409\/south-africa-has-two-of-the-cheapest-cities-in-the-world\/","title":{"rendered":"South Africa has two of the cheapest cities in the world"},"content":{"rendered":"

Deutsche Bank has released its 2016 world prices report, showing that Joburg and Cape Town are now home of the cheapest cities in the world for foreigners trading in dollars.<\/p>\n

The report tracks various prices for goods and services across the globe, with the latest published work focusing on “sins” and dating.<\/p>\n

Both Joburg and Cape Town ranked in the top 5 cheapest cities for “sins” (drinking and smoking) – second and third cheapest, respectively, with the average cost of $14.00 and $14.10 to indulge.<\/p>\n

Manila, capital of the Philippines, ranked as the cheapest ($11.60), while Melbourne (Australia) was ranked as the most expensive city in the world ($66.90).<\/p>\n

Most expensive and cheapest cities for “sin”<\/strong><\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
City<\/th>\nCost<\/th>\n<\/tr>\n
Melbourne<\/td>\n$66.90<\/td>\n<\/tr>\n
Singapore<\/td>\n$64.00<\/td>\n<\/tr>\n
Auckland<\/td>\n$63.50<\/td>\n<\/tr>\n
New York City<\/td>\n$63.00<\/td>\n<\/tr>\n
London<\/td>\n$62.20<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n
Mexico City<\/td>\n$19.50<\/td>\n<\/tr>\n
Bangalore<\/td>\n$19.50<\/td>\n<\/tr>\n
Cape Town<\/strong><\/td>\n$14.10<\/strong><\/td>\n<\/tr>\n
Johannesburg<\/strong><\/td>\n$14.00<\/strong><\/td>\n<\/tr>\n
Manila<\/td>\n$11.60<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

The report also looked at the cheapest place to go on a date (including taxi fare, a meal for two, soft drinks, two cinema tickets and two of beers), as well as the most affordable city to go to for a weekend away.<\/p>\n

Cape Town ranked as the 5th cheapest city in the world to go out on a date, with a total cost of $48.50. The cheapest city is Bangalore, India at $42.00 – while the most expensive city was Zurich, Switzerland at $201.<\/p>\n

Most expensive and cheapest cities for a date<\/strong><\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
City<\/th>\nCost<\/th>\n<\/tr>\n
Zurich<\/td>\n$201.00<\/td>\n<\/tr>\n
Copenhagen<\/td>\n$173.40<\/td>\n<\/tr>\n
Tokyo<\/td>\n$172.00<\/td>\n<\/tr>\n
Stockholm<\/td>\n$163.30<\/td>\n<\/tr>\n
Amsterdam<\/td>\n$147.10<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n
Cape Town<\/strong><\/td>\n$48.50<\/strong><\/td>\n<\/tr>\n
Manila<\/td>\n$45.90<\/td>\n<\/tr>\n
Mumbai<\/td>\n$44.90<\/td>\n<\/tr>\n
Jakarta<\/td>\n$44.50<\/td>\n<\/tr>\n
Bangalore<\/td>\n$42.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

For a weekend away – which includes two nights at a 5-star hotel, meals, car rentals, alcohol, and some clothing items – Johannesburg was ranked as the 5th cheapest city in the world, with a total cost of $867.<\/p>\n

Kuala Lumpur, Malaysia, was the cheapest at $688 for the weekend, while Zurich was again ranked as the most expensive at $3,475.<\/p>\n

Most expensive and cheapest cities for\u00a0a weekend away<\/strong><\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
City<\/th>\nCost<\/th>\n<\/tr>\n
Zurich<\/td>\n$3 475<\/td>\n<\/tr>\n
Sydney<\/td>\n$2 320<\/td>\n<\/tr>\n
London<\/td>\n$2 226<\/td>\n<\/tr>\n
Milan<\/td>\n$2 141<\/td>\n<\/tr>\n
Stockholm<\/td>\n$2 025<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n
Johannesburg<\/strong><\/td>\n$867<\/strong><\/td>\n<\/tr>\n
Bangalore<\/td>\n$861<\/td>\n<\/tr>\n
New Delhi<\/td>\n$849<\/td>\n<\/tr>\n
Mumbai<\/td>\n$797<\/td>\n<\/tr>\n
Kuala Lumpur<\/td>\n$668<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

The review is based in dollar terms – as the currency has strengthened over the past year, US locations have become increasingly more expensive for travellers to visit.<\/p>\n

The South African rand has had the opposite effect, having weakened significantly over the past year, has made cities such as Joburg and Cape Town much cheaper for visitors.<\/p>\n

The report does not take purchasing power parity into account, and is not used as a basis to compare currency strength.<\/p>\n

More on South Africa<\/h3>\n

South Africa is the cheapest country in the world to live<\/a><\/strong><\/p>\n

Cheapest and most expensive places to visit in South Africa<\/a><\/strong><\/p>\n

SA has the cheapest transport in the world<\/a><\/strong><\/p>\n

Who has the cheapest beer in the world?<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Deutsche Bank has released its 2016 world prices report, showing that two SA cities are now some of the cheapest cities in the world for foreigners to visit.<\/p>\n","protected":false},"author":10,"featured_media":51640,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[7885,26],"class_list":["post-124409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-deutsche-bank","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/124409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=124409"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/124409\/revisions"}],"predecessor-version":[{"id":124421,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/124409\/revisions\/124421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/51640"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=124409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=124409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=124409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}