The Cost of Living Index

The Cost of Living Ranking by Countries in 2024

The cost of living ranking in various countries is an important tool for comparing the affordability and comfort of different nations. It compares relative prices of housing, consumer goods, restaurants, transportation, and utilities, as well as purchasing power overall in each country. These data help understand which countries are more expensive and which are more affordable.

The index aids in understanding how much more or less residents can afford. When comparing this indicator with average wages, it provides insight into how challenging it might be to maintain a familiar standard of living in a new country. Thus, it enables making a more informed decision about relocating and offers a deeper assessment of the economic situation across different countries worldwide.

Rank		Value USD	Population
1	Pakistan	18.5	212.2 million
2	Nigeria	19	195.9 million
3	Libya	21.7	-
4	India	22.2	1.4 billion
5	Afghanistan	23.4	37.2 million
6	Kenya	24.6	51.4 million
7	Bangladesh	24.8	161.4 million
8	Syria	25	16.9 million
9	Madagascar	25.5	26.3 million
10	Rwanda	25.8	12.3 million
11	Tanzania	26.3	56.3 million
12	Ghana	26.6	29.8 million
13	Nepal	26.9	28.1 million
14	Uzbekistan	26.9	33.0 million
15	Iran	27	81.8 million
16	Belarus	27.1	9.5 million
17	Kyrgyzstan	27.2	6.3 million
18	Paraguay	27.4	7.0 million
19	Argentina	27.9	44.5 million
20	Bolivia	28.4	11.4 million
21	Indonesia	28.5	267.7 million
22	Egypt	28.7	98.4 million
23	Somalia	28.7	15.0 million
24	Ukraine	28.9	44.6 million
25	Tunisia	28.9	11.6 million
26	Algeria	29.5	42.2 million
27	Namibia	30.2	2.4 million
28	Morocco	30.3	36.0 million
29	Iraq	30.4	38.4 million
30	Botswana	30.5	2.3 million
31	Russia	30.6	-
32	Vietnam	30.7	95.5 million
33	Uganda	30.7	42.7 million
34	Malaysia	30.7	31.5 million
35	Colombia	30.8	49.6 million
36	Azerbaijan	31.2	9.9 million
37	None Kosovo (Disputed Territory)	31.2	-
38	Peru	31.8	32.0 million
39	Sri Lanka	32.3	21.7 million
40	Mongolia	32.8	3.2 million
41	South Africa	33.4	57.8 million
42	Nicaragua	33.4	6.5 million
43	Ecuador	33.4	17.1 million
44	Kazakhstan	33.6	18.3 million
45	Philippines	33.7	106.7 million
46	Turkey	33.9	82.3 million
47	North Macedonia	34.2	2.1 million
48	Fiji	34.3	-
49	China	34.6	1.4 billion
50	Moldova	34.9	2.7 million
51	Bosnia & Herzegovina	35.1	-
52	Brazil	35.2	209.5 million
53	Thailand	36	69.4 million
54	Zimbabwe	36.8	14.4 million
55	Honduras	37	9.6 million
56	Georgia	37.4	3.7 million
57	Guatemala	37.6	17.2 million
58	Serbia	38.4	7.0 million
59	Cambodia	38.5	16.2 million
60	Myanmar (Burma}	38.7	-
61	Dominican Republic	38.8	10.6 million
62	Romania	39	19.5 million
63	Armenia	39.4	3.0 million
64	Venezuela	39.4	28.9 million
65	Bulgaria	39.5	7.0 million
66	Cameroon	39.6	25.2 million
67	Zambia	39.8	17.4 million
68	Mauritius	41.1	1.3 million
69	Albania	41.3	2.9 million
70	El Salvador	41.3	6.4 million
71	Montenegro	41.4	631 thousand
72	Chile	41.6	18.7 million
73	Poland	42.1	38.0 million
74	Palestinian Territories	42.2	-
75	Mexico	43.1	126.2 million
76	Jordan	43.1	10.0 million
77	Ethiopia	43.1	109.2 million
78	Kuwait	43.8	4.1 million
79	Hungary	44.4	9.8 million
80	Oman	44.4	4.8 million
81	Côte d’Ivoire	44.7	-
82	Guyana	45.1	779 thousand
83	Senegal	45.1	15.9 million
84	Mozambique	45.2	29.5 million
85	Cuba	45.9	11.3 million
86	Croatia	46.1	4.1 million
87	Portugal	46.9	10.3 million
88	Saudi Arabia	47.4	33.7 million
89	Lebanon	47.6	6.8 million
90	Panama	47.8	4.2 million
91	Slovakia	48.1	5.4 million
92	Belize	48.4	383 thousand
93	Spain	48.6	46.8 million
94	Lithuania	48.9	2.8 million
95	Taiwan	49.2	-
96	Czechia	49.4	10.7 million
97	Slovenia	49.8	2.1 million
98	Maldives	50.2	516 thousand
99	Japan	50.9	126.5 million
100	Latvia	51.1	1.9 million
101	Brunei	51.6	429 thousand
102	Bahrain	52.5	1.6 million
103	Trinidad & Tobago	53.3	-
104	Jamaica	53.6	2.9 million
105	Estonia	53.6	1.3 million
106	Costa Rica	53.9	5.0 million
107	Qatar	54.2	2.8 million
108	Greece	54.9	10.7 million
109	Uruguay	55.4	3.4 million
110	Malta	55.7	485 thousand
111	Yemen	56.3	28.5 million
112	Macao SAR China	56.8	-
113	Cyprus	56.9	1.2 million
114	United Arab Emirates	57.7	9.6 million
115	Italy	59.6	60.4 million
116	Isle of Man	60.4	-
117	Sweden	62.5	10.2 million
118	Germany	63.5	82.9 million
119	Belgium	63.7	11.4 million
120	South Korea	63.8	51.6 million
121	United Kingdom	64.5	66.5 million
122	Netherlands	64.7	17.2 million
123	Puerto Rico	64.8	3.2 million
124	Israel	65.2	8.9 million
125	Luxembourg	65.5	608 thousand
126	Finland	66.2	5.5 million
127	France	66.9	67.0 million
128	Ireland	67.2	4.9 million
129	Austria	67.3	8.8 million
130	New Zealand	68.1	4.8 million
131	Canada	68.2	37.1 million
132	Guernsey	68.2	-
133	Hong Kong SAR China	71.5	-
134	Australia	74.2	25.0 million
135	Jersey	74.9	-
136	United States	75.5	326.7 million
137	Denmark	76	5.8 million
138	Barbados	79.2	287 thousand
139	Norway	80.1	5.3 million
140	Singapore	82.5	5.6 million
141	Iceland	86.6	353 thousand
142	Bahamas	88.8	386 thousand
143	U.S. Virgin Islands	99.1	-
144	Cayman Islands	111.2	64 thousand
145	Switzerland	114.3	8.5 million
146	Bermuda	133.8	64 thousand

Share your opinion