Cheapest Countries To Live In 2024

1.	Afghanistan	$354
2.	Pakistan	$370
3.	India	$423
4.	Tunisia	$424
5.	Sri Lanka	$428
6.	Kyrgyzstan	$430
7.	Algeria	$431
8.	Syria	$435
9.	Nepal	$439
10.	Turkey	$447
11.	Egypt	$449
12.	Tajikistan	$450
13.	Kazakhstan	$468
14.	Argentina	$494
15.	Belarus	$504
16.	Kiribati	$511
17.	Azerbaijan	$513
18.	Sudan	$517
19.	South Sudan	$519
20.	Gambia	$520
21.	Bangladesh	$521
22.	Uzbekistan	$529
23.	Papua New Guinea	$530
24.	Haiti	$531
25.	Moldova	$537
26.	Central African Republic	$538
27.	Eritrea	$538
28.	Georgia	$538
29.	Chad	$540
30.	Ukraine	$542
31.	Liberia	$544
32.	Paraguay	$546
33.	Indonesia	$548
34.	Djibouti	$548
35.	North Macedonia	$553
36.	Madagascar	$555
37.	Yemen	$559
38.	Mali	$560
39.	Burundi	$560
40.	Libya	$560
41.	Bhutan	$569
42.	Ethiopia	$574
43.	Colombia	$574
44.	Nauru	$584
45.	Gabon	$587
46.	Comoros	$589
47.	Armenia	$592
48.	Bosnia and Herzegovina	$599
49.	Brazil	$601
50.	Philippines	$601
51.	Mongolia	$603
52.	Uganda	$604
53.	Albania	$608
54.	Tuvalu	$608
55.	Peru	$630
56.	Rwanda	$633
57.	Nicaragua	$633
58.	Vietnam	$639
59.	Morocco	$644
60.	Mauritius	$651
61.	Malaysia	$652
62.	Romania	$652
63.	Kenya	$654
64.	Bulgaria	$654
65.	Russia	$656
66.	Venezuela	$657
67.	Malawi	$666
68.	Botswana	$666
69.	Iran	$668
70.	Togo	$669
71.	Zambia	$676
72.	Mexico	$678
73.	Cameroon	$688
74.	Cambodia	$692
75.	Lesotho	$694
76.	Ghana	$701
77.	Iraq	$710
78.	Dominican Republic	$711
79.	Serbia	$711
80.	Eswatini	$711
81.	Guinea Bissau	$712
82.	Suriname	$714
83.	Montenegro	$720
84.	Benin	$731
85.	Sierra Leone	$745
86.	DR Congo	$748
87.	Bolivia	$750
88.	China	$752
89.	Ecuador	$756
90.	Tanzania	$760
91.	Honduras	$765
92.	Fiji	$773
93.	Mauritania	$781
94.	Cape Verde	$797
95.	Burkina Faso	$799
96.	Guyana	$803
97.	Somalia	$811
98.	El Salvador	$816
99.	Hungary	$817
100.	Jamaica	$829
101.	Thailand	$831
102.	Jordan	$850
103.	Costa Rica	$852
104.	Dominica	$856
105.	Guatemala	$857
106.	Myanmar	$864
107.	Lithuania	$869
108.	Guinea	$877
109.	Cuba	$880
110.	Sao Tome and Principe	$880
111.	Poland	$882
112.	Laos	$888
113.	Belize	$889
114.	Angola	$896
115.	Chile	$905
116.	Nigeria	$916
117.	Namibia	$921
118.	Uruguay	$929
119.	Zimbabwe	$935
120.	Palestine	$937
121.	Latvia	$938
122.	Niger	$950
123.	Saudi Arabia	$952
124.	South Africa	$974
125.	Trinidad and Tobago	$979
126.	Slovakia	$990
127.	Croatia	$1,001
128.	Mozambique	$1,006
129.	Greece	$1,008
130.	Ivory Coast	$1,010
131.	Czech Republic	$1,014
132.	Tonga	$1,035
133.	Portugal	$1,038
134.	Estonia	$1,040
135.	Palau	$1,040
136.	Taiwan	$1,057
137.	Oman	$1,086
138.	Panama	$1,092
139.	Samoa	$1,109
140.	Grenada	$1,128
141.	Turkmenistan	$1,141
142.	Senegal	$1,144
143.	Saint Kitts and Nevis	$1,145
144.	Brunei	$1,152
145.	Saint Lucia	$1,153
146.	South Korea	$1,154
147.	Bahrain	$1,165
148.	San Marino	$1,168
149.	Slovenia	$1,175
150.	Equatorial Guinea	$1,185
151.	Solomon Islands	$1,222
152.	Curacao	$1,222
153.	Andorra	$1,232
154.	Barbados	$1,258
155.	Spain	$1,260
156.	Cyprus	$1,266
157.	Maldives	$1,288
158.	Kuwait	$1,326
159.	Italy	$1,359
160.	Japan	$1,370
161.	Lebanon	$1,411
162.	Germany	$1,414
163.	Marshall Islands	$1,464
164.	Antigua and Barbuda	$1,465
165.	Belgium	$1,495
166.	Sweden	$1,515
167.	France	$1,519
168.	Malta	$1,519
169.	Finland	$1,536
170.	North Korea	$1,540
171.	United Arab Emirates	$1,576
172.	Austria	$1,617
173.	Canada	$1,701
174.	Bahamas	$1,715
175.	Seychelles	$1,725
176.	Israel	$1,774
177.	Netherlands	$1,778
178.	New Zealand	$1,782
179.	Vanuatu	$1,829
180.	Denmark	$1,837
181.	Qatar	$1,856
182.	United Kingdom	$1,929
183.	Australia	$1,944
184.	United States	$1,951
185.	Norway	$2,074
186.	Luxembourg	$2,163
187.	Singapore	$2,169
188.	Iceland	$2,207
189.	Liechtenstein	$2,306
190.	Ireland	$2,316
191.	Switzerland	$2,497
192.	Cayman Islands	$2,844
193.	Monaco	$3,743

Affordable Living Across the Globe

Our world is rich in diversity and packed with countries that offer various lifestyles at vastly different costs. When it comes to the cost of living, not all destinations are created equal. The average monthly cost of living in a country can range from a few hundred dollars to several thousand, depending largely on factors such as accommodation, utility costs, meal costs, and the prices of goods and services. In today's global economy, knowing the cost of living in various countries can be particularly helpful, whether for those considering international job opportunities, planning for retirement, or even considering a change in scenery. Key findings from the data include:

Countries such as Afghanistan, Pakistan, and India had some of the world's lowest costs of living in 2022, with the average monthly cost of living under $500.
Despite its rapid economic development in recent years, the cost of living in China remains relatively affordable, averaging around $752 per month.
On the other end of the spectrum, high-income countries such as Monaco, Switzerland, and Ireland had the highest average monthly living costs, all exceeding $2000, reflecting the higher living standards and cost of amenities in these regions.
Countries like Argentina and Ukraine showed remarkably low cost of living while being a high-turmoil regions.
In North America, the cost of living is significantly higher compared to many other countries worldwide, with the United States ranking as the 7th most expensive country worldwide.

10 Cheapest Countries to Live In

The ten countries with the lowest cost of living are Afghanistan, Pakistan, India, Tunisia, Sri Lanka, Kyrgyzstan, Algeria, Syria, Nepal, and Turkey. Afghanistan has the lowest cost of living globally, with an average monthly expense of just $354. Pakistan follows closely, being the second cheapest country with an average monthly living cost of $370. The third country on the list, India, holds an average cost of living at $423 per month, still under half a thousand dollars. Tunisia is just a dollar ahead of India with a cost of living at $424. Positioned halfway down the list, Sri Lanka, Kyrgyzstan, Algeria, and Syria are fairly similar in their living costs, with an average monthly cost ranging from $428 to $435. Ninth on the list is Nepal, where the average cost of living is $439 per month. Finally, Turkey rounds off the list of the ten cheapest countries to live in, with an average monthly cost of living at $447. 10 Cheapest Countries to Live In (Average Monthly Cost):

Afghanistan - $354
Pakistan - $370
India - $423
Tunisia - $424
Sri Lanka - $428
Kyrgyzstan - $430
Algeria - $431
Syria - $435
Nepal - $439
Turkey - $447

By Region

Afghanistan

See Less

Metric

Value

Rank

Cost Of Living

$354

Albania

Metric

Value

Rank

Cost Of Living

$608

#53

Algeria

Metric

Value

Rank

Cost Of Living

$431

Andorra

Metric

Value

Rank

Cost Of Living

$1,232

#153

Angola

Metric

Value

Rank

Cost Of Living

$896

#114

Antigua and Barbuda

Metric

Value

Rank

Cost Of Living

$1,465

#164

Argentina

Metric

Value

Rank

Cost Of Living

$494

#14

Armenia

Metric

Value

Rank

Cost Of Living

$592

#47

Australia

Metric

Value

Rank

Cost Of Living

$1,944

#183

Austria

Metric

Value

Rank

Cost Of Living

$1,617

#172

Azerbaijan

Metric

Value

Rank

Cost Of Living

$513

#17

Bahamas

Metric

Value

Rank

Cost Of Living

$1,715

#174

Bahrain

Metric

Value

Rank

Cost Of Living

$1,165

#147

Bangladesh

Metric

Value

Rank

Cost Of Living

$521

#21

Barbados

Metric

Value

Rank

Cost Of Living

$1,258

#154

Belarus

Metric

Value

Rank

Cost Of Living

$504

#15

Belgium

Metric

Value

Rank

Cost Of Living

$1,495

#165

Belize

Metric

Value

Rank

Cost Of Living

$889

#113

Benin

Metric

Value

Rank

Cost Of Living

$731

#84

Bhutan

Metric

Value

Rank

Cost Of Living

$569

#41

Bolivia

Metric

Value

Rank

Cost Of Living

$750

#87

Bosnia and Herzegovina

Metric

Value

Rank

Cost Of Living

$599

#48

Botswana

Metric

Value

Rank

Cost Of Living

$666

#68

Brazil

Metric

Value

Rank

Cost Of Living

$601

#49

Brunei

Metric

Value

Rank

Cost Of Living

$1,152

#144

Bulgaria

Metric

Value

Rank

Cost Of Living

$654

#64

Burkina Faso

Metric

Value

Rank

Cost Of Living

$799

#95

Burundi

Metric

Value

Rank

Cost Of Living

$560

#39

Cambodia

Metric

Value

Rank

Cost Of Living

$692

#74

Cameroon

Metric

Value

Rank

Cost Of Living

$688

#73

Canada

Metric

Value

Rank

Cost Of Living

$1,701

#173

Cape Verde

Metric

Value

Rank

Cost Of Living

$797

#94

Cayman Islands

Metric

Value

Rank

Cost Of Living

$2,844

#192

Central African Republic

Metric

Value

Rank

Cost Of Living

$538

#26

Chad

Metric

Value

Rank

Cost Of Living

$540

#29

Chile

Metric

Value

Rank

Cost Of Living

$905

#115

China

Metric

Value

Rank

Cost Of Living

$752

#88

Colombia

Metric

Value

Rank

Cost Of Living

$574

#43

Comoros

Metric

Value

Rank

Cost Of Living

$589

#46

Costa Rica

Metric

Value

Rank

Cost Of Living

$852

#103

Croatia

Metric

Value

Rank

Cost Of Living

$1,001

#127

Cuba

Metric

Value

Rank

Cost Of Living

$880

#109

Curacao

Metric

Value

Rank

Cost Of Living

$1,222

#152

Cyprus

Metric

Value

Rank

Cost Of Living

$1,266

#156

Czech Republic

Metric

Value

Rank

Cost Of Living

$1,014

#131

DR Congo

Metric

Value

Rank

Cost Of Living

$748

#86

Denmark

Metric

Value

Rank

Cost Of Living

$1,837

#180

Djibouti

Metric

Value

Rank

Cost Of Living

$548

#34

Dominica

Metric

Value

Rank

Cost Of Living

$856

#104

Dominican Republic

Metric

Value

Rank

Cost Of Living

$711

#78

Ecuador

Metric

Value

Rank

Cost Of Living

$756

#89

Egypt

Metric

Value

Rank

Cost Of Living

$449

#11

El Salvador

Metric

Value

Rank

Cost Of Living

$816

#98

Equatorial Guinea

Metric

Value

Rank

Cost Of Living

$1,185

#150

Eritrea

Metric

Value

Rank

Cost Of Living

$538

#27

Estonia

Metric

Value

Rank

Cost Of Living

$1,040

#134

Eswatini

Metric

Value

Rank

Cost Of Living

$711

#80

Ethiopia

Metric

Value

Rank

Cost Of Living

$574

#42

Fiji

Metric

Value

Rank

Cost Of Living

$773

#92

Finland

Metric

Value

Rank

Cost Of Living

$1,536

#169

France

Metric

Value

Rank

Cost Of Living

$1,519

#167

Gabon

Metric

Value

Rank

Cost Of Living

$587

#45

Gambia

Metric

Value

Rank

Cost Of Living

$520

#20

Georgia

Metric

Value

Rank

Cost Of Living

$538

#28

Germany

Metric

Value

Rank

Cost Of Living

$1,414

#162

Ghana

Metric

Value

Rank

Cost Of Living

$701

#76

Greece

Metric

Value

Rank

Cost Of Living

$1,008

#129

Grenada

Metric

Value

Rank

Cost Of Living

$1,128

#140

Guatemala

Metric

Value

Rank

Cost Of Living

$857

#105

Guinea

Metric

Value

Rank

Cost Of Living

$877

#108

Guinea Bissau

Metric

Value

Rank

Cost Of Living

$712

#81

Guyana

Metric

Value

Rank

Cost Of Living

$803

#96

Haiti

Metric

Value

Rank

Cost Of Living

$531

#24

Honduras

Metric

Value

Rank

Cost Of Living

$765

#91

Hungary

Metric

Value

Rank

Cost Of Living

$817

#99

Iceland

Metric

Value

Rank

Cost Of Living

$2,207

#188

India

Metric

Value

Rank

Cost Of Living

$423

Indonesia

Metric

Value

Rank

Cost Of Living

$548

#33

Iran

Metric

Value

Rank

Cost Of Living

$668

#69

Iraq

Metric

Value

Rank

Cost Of Living

$710

#77

Ireland

Metric

Value

Rank

Cost Of Living

$2,316

#190

Israel

Metric

Value

Rank

Cost Of Living

$1,774

#176

Italy

Metric

Value

Rank

Cost Of Living

$1,359

#159

Ivory Coast

Metric

Value

Rank

Cost Of Living

$1,010

#130

Jamaica

Metric

Value

Rank

Cost Of Living

$829

#100

Japan

Metric

Value

Rank

Cost Of Living

$1,370

#160

Jordan

Metric

Value

Rank

Cost Of Living

$850

#102

Kazakhstan

Metric

Value

Rank

Cost Of Living

$468

#13

Kenya

Metric

Value

Rank

Cost Of Living

$654

#63

Kiribati

Metric

Value

Rank

Cost Of Living

$511

#16

Kuwait

Metric

Value

Rank

Cost Of Living

$1,326

#158

Kyrgyzstan

Metric

Value

Rank

Cost Of Living

$430

Laos

Metric

Value

Rank

Cost Of Living

$888

#112

Latvia

Metric

Value

Rank

Cost Of Living

$938

#121

Lebanon

Metric

Value

Rank

Cost Of Living

$1,411

#161

Lesotho

Metric

Value

Rank

Cost Of Living

$694

#75

Liberia

Metric

Value

Rank

Cost Of Living

$544

#31

Libya

Metric

Value

Rank

Cost Of Living

$560

#40

Liechtenstein

Metric

Value

Rank

Cost Of Living

$2,306

#189

Lithuania

Metric

Value

Rank

Cost Of Living

$869

#107

Luxembourg

Metric

Value

Rank

Cost Of Living

$2,163

#186

Madagascar

Metric

Value

Rank

Cost Of Living

$555

#36

Malawi

Metric

Value

Rank

Cost Of Living

$666

#67

Malaysia

Metric

Value

Rank

Cost Of Living

$652

#61

Maldives

Metric

Value

Rank

Cost Of Living

$1,288

#157

Mali

Metric

Value

Rank

Cost Of Living

$560

#38

Malta

Metric

Value

Rank

Cost Of Living

$1,519

#168

Marshall Islands

Metric

Value

Rank

Cost Of Living

$1,464

#163

Mauritania

Metric

Value

Rank

Cost Of Living

$781

#93

Mauritius

Metric

Value

Rank

Cost Of Living

$651

#60

Mexico

Metric

Value

Rank

Cost Of Living

$678

#72

Moldova

Metric

Value

Rank

Cost Of Living

$537

#25

Monaco

Metric

Value

Rank

Cost Of Living

$3,743

#193

Mongolia

Metric

Value

Rank

Cost Of Living

$603

#51

Montenegro

Metric

Value

Rank

Cost Of Living

$720

#83

Morocco

Metric

Value

Rank

Cost Of Living

$644

#59

Mozambique

Metric

Value

Rank

Cost Of Living

$1,006

#128

Myanmar

Metric

Value

Rank

Cost Of Living

$864

#106

Namibia

Metric

Value

Rank

Cost Of Living

$921

#117

Nauru

Metric

Value

Rank

Cost Of Living

$584

#44

Nepal

Metric

Value

Rank

Cost Of Living

$439

Netherlands

Metric

Value

Rank

Cost Of Living

$1,778

#177

New Zealand

Metric

Value

Rank

Cost Of Living

$1,782

#178

Nicaragua

Metric

Value

Rank

Cost Of Living

$633

#57

Niger

Metric

Value

Rank

Cost Of Living

$950

#122

Nigeria

Metric

Value

Rank

Cost Of Living

$916

#116

North Korea

Metric

Value

Rank

Cost Of Living

$1,540

#170

North Macedonia

Metric

Value

Rank

Cost Of Living

$553

#35

Norway

Metric

Value

Rank

Cost Of Living

$2,074

#185

Oman

Metric

Value

Rank

Cost Of Living

$1,086

#137

Pakistan

Metric

Value

Rank

Cost Of Living

$370

Palau

Metric

Value

Rank

Cost Of Living

$1,040

#135

Palestine

Metric

Value

Rank

Cost Of Living

$937

#120

Panama

Metric

Value

Rank

Cost Of Living

$1,092

#138

Papua New Guinea

Metric

Value

Rank

Cost Of Living

$530

#23

Paraguay

Metric

Value

Rank

Cost Of Living

$546

#32

Peru

Metric

Value

Rank

Cost Of Living

$630

#55

Philippines

Metric

Value

Rank

Cost Of Living

$601

#50

Poland

Metric

Value

Rank

Cost Of Living

$882

#111

Portugal

Metric

Value

Rank

Cost Of Living

$1,038

#133

Qatar

Metric

Value

Rank

Cost Of Living

$1,856

#181

Romania

Metric

Value

Rank

Cost Of Living

$652

#62

Russia

Metric

Value

Rank

Cost Of Living

$656

#65

Rwanda

Metric

Value

Rank

Cost Of Living

$633

#56

Saint Kitts and Nevis

Metric

Value

Rank

Cost Of Living

$1,145

#143

Saint Lucia

Metric

Value

Rank

Cost Of Living

$1,153

#145

Samoa

Metric

Value

Rank

Cost Of Living

$1,109

#139

San Marino

Metric

Value

Rank

Cost Of Living

$1,168

#148

Sao Tome and Principe

Metric

Value

Rank

Cost Of Living

$880

#110

Saudi Arabia

Metric

Value

Rank

Cost Of Living

$952

#123

Senegal

Metric

Value

Rank

Cost Of Living

$1,144

#142

Serbia

Metric

Value

Rank

Cost Of Living

$711

#79

Seychelles

Metric

Value

Rank

Cost Of Living

$1,725

#175

Sierra Leone

Metric

Value

Rank

Cost Of Living

$745

#85

Singapore

Metric

Value

Rank

Cost Of Living

$2,169

#187

Slovakia

Metric

Value

Rank

Cost Of Living

$990

#126

Slovenia

Metric

Value

Rank

Cost Of Living

$1,175

#149

Solomon Islands

Metric

Value

Rank

Cost Of Living

$1,222

#151

Somalia

Metric

Value

Rank

Cost Of Living

$811

#97

South Africa

Metric

Value

Rank

Cost Of Living

$974

#124

South Korea

Metric

Value

Rank

Cost Of Living

$1,154

#146

South Sudan

Metric

Value

Rank

Cost Of Living

$519

#19

Spain

Metric

Value

Rank

Cost Of Living

$1,260

#155

Sri Lanka

Metric

Value

Rank

Cost Of Living

$428

Sudan

Metric

Value

Rank

Cost Of Living

$517

#18

Suriname

Metric

Value

Rank

Cost Of Living

$714

#82

Sweden

Metric

Value

Rank

Cost Of Living

$1,515

#166

Switzerland

Metric

Value

Rank

Cost Of Living

$2,497

#191

Syria

Metric

Value

Rank

Cost Of Living

$435

Taiwan

Metric

Value

Rank

Cost Of Living

$1,057

#136

Tajikistan

Metric

Value

Rank

Cost Of Living

$450

#12

Tanzania

Metric

Value

Rank

Cost Of Living

$760

#90

Thailand

Metric

Value

Rank

Cost Of Living

$831

#101

Togo

Metric

Value

Rank

Cost Of Living

$669

#70

Tonga

Metric

Value

Rank

Cost Of Living

$1,035

#132

Trinidad and Tobago

Metric

Value

Rank

Cost Of Living

$979

#125

Tunisia

Metric

Value

Rank

Cost Of Living

$424

Turkey

Metric

Value

Rank

Cost Of Living

$447

#10

Turkmenistan

Metric

Value

Rank

Cost Of Living

$1,141

#141

Tuvalu

Metric

Value

Rank

Cost Of Living

$608

#54

Uganda

Metric

Value

Rank

Cost Of Living

$604

#52

Ukraine

Metric

Value

Rank

Cost Of Living

$542

#30

United Arab Emirates

Metric

Value

Rank

Cost Of Living

$1,576

#171

United Kingdom

Metric

Value

Rank

Cost Of Living

$1,929

#182

United States

Metric

Value

Rank

Cost Of Living

$1,951

#184

Uruguay

Metric

Value

Rank

Cost Of Living

$929

#118

Uzbekistan

Metric

Value

Rank

Cost Of Living

$529

#22

Vanuatu

Metric

Value

Rank

Cost Of Living

$1,829

#179

Venezuela

Metric

Value

Rank

Cost Of Living

$657

#66

Vietnam

Metric

Value

Rank

Cost Of Living

$639

#58

Yemen

Metric

Value

Rank

Cost Of Living

$559

#37

Zambia

Metric

Value

Rank

Cost Of Living

$676

#71

Zimbabwe

Metric

Value

Rank

Cost Of Living

$935

#119

Additional Price Datasets