![India_cheapest_country_to_live_in_after_South_Africa_Survey](https://currentaffairs.freejobalert.com/wp-content/uploads/2018/01/India_cheapest_country_to_live_in_after_South_Africa_Survey-300x138.jpg)
According to a survey by GoBankingRates ranked nations, India is ranked second only to South Africa as the cheapest country to live or retire. These rankings are based four key affordability metrics: Local purchasing power index, rent index, Groceries index, and Consumer price index.