Kosten des täglichen Bedarfs

Comparison of worldwide cost of living

Living ist most expensive in Switzerland and cheapest in India. In our ranking of 99 countries all around the world the USA comes 14th.

The cost of living are periodically calculated in nearly representative baskets of consumer goods. But many factors are complicating a worldwide comparison. E.g. a typical apartments dont have a standard size nor fittings. Even the quality of a branded packet of butter isn't the same in the Third World. Consequently, comparisons like this have to to be accepted with caution.

Zusätzlich sollte bei einen Kostenvergleich die Höhe des jeweils vorherrschenden eine Rolle spielen.Additionally, the average income of the single country should play a role in a cost comparison like this.

Cost of living and purchasing power related to average income

We ajusted the average cost of living inside the USA (based on 2016) to an index of 100. All other countries are related to this index. Therefore with an index of e.g. 80, the usual expenses in another country are 20% less then inside the United States.

The example of Luxembourg:
With a cost of living index of 110 all good are on average about 10 percent more expensive than in the USA. But the average income in Luxembourg of 5956 USD is also 26% higher, which means that citizens can also afford more on the other side. If you now calculate the 10% higher costs against the 26% higher income, people in Luxembourg can still afford about 1.1 times more than a US citizen.

PlatzCountryCost of living indexØ Monthly incomePurchasing power index
1Switzerland145.76,770 USD98.2
2Iceland136.94,749 USD73.3
3Norway128.66,870 USD112.8
4Denmark120.34,749 USD83.4
5Australia113.44,535 USD84.5
6Kosovo110.7321 USD6.1
7Luxembourg109.75,956 USD114.7
8Sweden109.74,549 USD87.6
9New Zealand107.43,229 USD63.5
10Israel107.23,020 USD59.5
11Ireland106.54,313 USD85.6
12Finland105.23,754 USD75.4
13United Kingdom102.23,528 USD72.9
14United States100.04,734 USD100.0
15Hong Kong99.73,603 USD76.3
16Singapore98.84,323 USD92.4
17Canada98.43,638 USD78.1
18Belgium98.33,485 USD74.9
19Netherlands98.03,887 USD83.8
20Japan97.03,161 USD68.8
21Austria95.83,816 USD84.2
22France95.73,227 USD71.2
23Italy93.12,644 USD60.0
24Germany90.33,654 USD85.5
25South Korea89.22,300 USD54.5
26Qatar88.36,305 USD150.9
27United Arab Emirates85.63,373 USD83.3
28Macau80.15,382 USD141.8
29Spain79.62,300 USD61.0
30Ghana78.2115 USD3.1
31Malta75.42,018 USD56.5
32Greece74.41,591 USD45.2
33Costa Rica74.1903 USD25.8
34Jamaica71.8386 USD11.3
35Argentina71.7998 USD29.4
36Portugal71.71,657 USD48.8
37Mongolia70.6299 USD9.0
38Slovenia70.61,802 USD53.9
39Dominican Republic65.9533 USD17.1
40Burma65.599 USD3.2
41Estonia64.51,479 USD48.4
42Mauritius63.0814 USD27.3
43Chile62.91,128 USD37.9
44Tanzania62.175 USD2.6
45Brazil61.6737 USD25.2
46Iraq61.3452 USD15.6
47Saudi Arabia61.21,810 USD62.5
48China61.1688 USD23.8
49Cambodia59.795 USD3.4
50Latvia59.41,214 USD43.2
51Croatia58.21,012 USD36.7
52Ecuador57.9483 USD17.6
53Venezuela57.9980 USD35.8
54Czech Republic57.71,462 USD53.5
55Ethiopia57.555 USD2.0
56Slovakia57.51,401 USD51.5
57Namibia56.2387 USD14.5
58Lithuania55.01,229 USD47.2
59Thailand54.0470 USD18.4
60Hungary51.31,048 USD43.2
61Nigeria51.2204 USD8.4
62Russia50.8810 USD33.7
63Vietnam50.7175 USD7.3
64South Africa50.2458 USD19.3
65Kenya49.9115 USD4.9
66Iran49.8456 USD19.3
67Peru49.5496 USD21.1
68Malaysia49.1822 USD35.4
69Mexico48.9753 USD32.5
70Bolivia48.6256 USD11.1
71Poland48.01,058 USD46.5
72Turkey47.9936 USD41.2
73Indonesia47.1283 USD12.7
74Montenegro46.5593 USD27.0
75Bangladesh45.7111 USD5.1
76Philippines45.4298 USD13.9
77Belarus45.4466 USD21.7
78Morocco45.1238 USD11.1
79Armenia43.8314 USD15.2
80Romania43.6790 USD38.3
81Bosnia and Herzegovina43.0412 USD20.2
82Sri Lanka42.8315 USD15.6
83Bulgaria42.1632 USD31.7
84Colombia41.6526 USD26.7
85Serbia40.7443 USD23.0
86Albania40.0348 USD18.4
87Algeria39.7352 USD18.7
88Macedonia39.4415 USD22.3
89Syria37.5153 USD8.6
90Kazakhstan37.4734 USD41.5
91Tunisia37.4308 USD17.4
92Nepal37.061 USD3.5
93Georgia35.4319 USD19.1
94Moldova34.9177 USD10.7
95Egypt34.5284 USD17.4
96Pakistan34.3125 USD7.7
97Ukraine34.3193 USD11.9
98India31.7139 USD9.3

The calculated cost of living index is based on the OECD and Eurostat figures and has been completed with consumer information of Numbeo as well as own researches. It does not take into account the differences between poverty and wealth, as well as prices for goods that do not belong to normal needs. Therefore this list should be regarded as a mathematical theorem. Whether it is realistic to survive with a purchasing power index of 2.0 (Ethiopia) does not matter in this table. This would correspond to about one-49th of the purchasing power inside the US.

Other indices

There are some other indices, e.g. the study of the swiss bank UBS issued about every 3 years or of the EDA (Federal Departement of Foreign Affairs). Both studies refer only to some few and usually large cities in which UBS and Switzerland have a representation.