A quarter of the world's 30 cheapest places to live are in Latin America according to The Economist Intelligence Unit.
Guatemala City is the most expensive within this group however, 63rd in the list published yesterday, with Mexico City in 68th place.
Tokyo, displaced last year as the world's most expensive place to live by Oslo, has now been passed by Paris, Copenhagen and London as well. (Osaka is the only other non-European city in the top ten.)
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