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    Shah’s Grand Daughter Weds American In New York

    Shah’s Grand Daughter Weds American In New York

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    Fruit Peddler To Hang For His Protest Poetry From Buying Texas Land

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    Storms Pound Many Parts Of Iran, Killing Nine

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    Iranian Student In Alabama To Self-Deport Despite Withdrawal of Initial

    Iranian Student In Alabama To Self-Deport Despite Withdrawal of Initial

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    Novel Tells Story Of Five Women In A Family That Leaves Iran For America

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    Shah’s Grand Daughter Weds American In New York

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    Fruit Peddler To Hang For His Protest Poetry From Buying Texas Land

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    UK Arrests Two Bands Of Iranians For Plotting Attacks

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    Storms Pound Many Parts Of Iran, Killing Nine

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    Snatch And Grab Thievery Now All The Rage

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    Iranian Student In Alabama To Self-Deport Despite Withdrawal of Initial

    Iranian Student In Alabama To Self-Deport Despite Withdrawal of Initial

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    Novel Tells Story Of Five Women In A Family That Leaves Iran For America

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

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    Banks Must Keep More Money On Hand

    Banks Must Keep More Money On Hand

    Russian Says Iran Watermelons Unsafe

    Russian Says Iran Watermelons Unsafe

    Iran Not To Be Self-Sufficient In Wheat This Year

    Iran Not To Be Self-Sufficient In Wheat This Year

    Opec Pumps More Crude, Just When Its Not Needed

    Opec Pumps More Crude, Just When Its Not Needed

    Lithium Deposits Being Hyped By Some in Iran

    Lithium Deposits Being Hyped By Some in Iran

    Despite Trump, Iran Sells China More Oil

    Despite Trump, Iran Sells China More Oil

    Despite Revolutionary Goals, Iran’s Exports Still Mostly Oil-Based

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    The Oil Patch

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    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

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Tehran is a very cheap place in which to retire

The EIU does surveys of the cost of living in major cities of the world. For years, Iran was the last and cheapest of the major cities. But last year, Iran was ranked 132nd of 134 cities and this year’s new ranking places Tehran in 130th place.

The ranking does not show what it costs an Iranian to live in Tehran. Rather the list is meant to show business executives what the relative costs are when they assign a foreign staffer to work in one of those 134 cities. The ranking is also useful for someone who may be thinking of retiring abroad and stretching their pension checks and savings further,

The tally compares cities with New York, where the cost of living is pegged at 100. The costs in other cities are calculated as a percentage of the cost in New York. Tehran was rated as 50 percent as expensive as New York last year and 55 percent as expensive this year.

The only major cities calculated to be cheaper than Tehran are Mumbai (53 percent of New York), Tunis (51 percent) and Karachi (46 percent).

Just above Tehran are New Delhi (56 percent), Jeddah (59 percent), and Algiers and Panama City, Panama (60 percent).

The places that will burn up your savings have long been in Japan and Europe. But now Australia has joined them as the Australian dollar has strengthened, meaning you get less when you convert US dollars.

The six most costly cities are: Tokyo (161 percent of New York), Oslo (156 percent), Osaka/Kobe (153 percent), Paris (150 percent), Zurich (148 percent) and Sydney (143 percent).

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