Kosten des täglichen Bedarfs

Comparison of worldwide cost of living

Living ist most expensive in Switzerland and cheapest in India. In our ranking of 98 countries all around the world the USA comes 17th.

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 6388 USD is also 36% higher, which means that citizens can also afford more on the other side. If you now calculate the 10% higher costs against the 36% higher income, people in Luxembourg can still afford about 1.2 times more than a US citizen.

PlatzCountryCost of living indexØ Monthly incomePurchasing power index
1
Switzerland
156.06,770 USD92.7
2
Iceland
131.94,749 USD76.9
3
Norway
131.96,861 USD111.1
4
Denmark
119.64,728 USD84.5
5
Singapore
114.54,323 USD80.6
6
Australia
112.84,535 USD85.9
7
Hong Kong
111.53,603 USD69.0
8
New Zealand
110.03,256 USD63.2
9
Luxembourg
109.56,388 USD124.6
10
Israel
109.23,016 USD59.0
11
Japan
108.13,167 USD62.6
12
Ireland
106.34,380 USD88.0
13
Finland
105.33,728 USD75.6
14
United Kingdom
103.93,533 USD72.7
15
Sweden
103.94,553 USD93.6
16
Belgium
100.53,488 USD74.1
17
United States
100.04,682 USD100.0
18
France
98.63,246 USD70.3
19
Netherlands
97.83,859 USD84.3
20
Qatar
95.86,305 USD140.6
21
South Korea
94.92,300 USD51.8
22
Canada
93.33,638 USD83.3
23
Austria
93.13,769 USD86.5
24
Italy
91.92,633 USD61.2
25
United Arab Emirates
90.43,373 USD79.7
26
Germany
89.73,638 USD86.7
27
Argentina
87.7997 USD24.3
28
Macau
87.65,382 USD131.2
29
Ghana
86.8115 USD2.8
30
Malta
83.92,012 USD51.2
31
Venezuela
82.2980 USD25.5
32
Costa Rica
79.0903 USD24.4
33
Spain
78.72,293 USD62.2
34
Jamaica
76.2388 USD10.9
35
Greece
74.01,580 USD45.6
36
Slovenia
71.61,805 USD53.9
37
Burma
70.699 USD3.0
38
Portugal
70.41,654 USD50.2
39
Iraq
69.1453 USD14.0
40
Tanzania
67.775 USD2.4
41
Estonia
66.61,479 USD47.4
42
Croatia
65.91,009 USD32.7
43
China
65.8688 USD22.3
44
Mauritius
65.6813 USD26.5
45
Saudi Arabia
65.11,813 USD59.5
46
Cambodia
64.895 USD3.1
47
Nigeria
64.6204 USD6.8
48
Chile
63.71,128 USD37.8
49
Latvia
63.21,219 USD41.2
50
Lithuania
62.31,231 USD42.2
51
Ecuador
60.6485 USD17.1
52
Ethiopia
60.555 USD1.9
53
Slovakia
60.41,401 USD49.6
54
Fiji
60.0403 USD14.4
55
Czech Republic
57.31,464 USD54.6
56
Turkey
57.3932 USD34.7
57
Iran
56.2544 USD20.7
58
Thailand
54.8470 USD18.3
59
Kenya
54.5115 USD4.5
60
Namibia
54.3385 USD15.1
61
Vietnam
54.1171 USD6.7
62
Montenegro
54.1581 USD22.9
63
Belarus
54.0467 USD18.5
64
Hungary
53.81,048 USD41.6
65
Brazil
53.2737 USD29.6
66
Russia
52.6810 USD32.9
67
Peru
52.0496 USD20.4
68
Malaysia
51.3821 USD34.2
69
Bolivia
51.2256 USD10.7
70
Egypt
50.2288 USD12.3
71
Bulgaria
49.8623 USD26.7
72
Indonesia
49.7283 USD12.2
73
Poland
49.71,057 USD45.4
74
Mexico
49.1753 USD32.8
75
Morocco
48.7238 USD10.4
76
Armenia
48.6313 USD13.8
77
Bangladesh
48.6111 USD4.9
78
Romania
47.6789 USD35.4
79
South Africa
47.5457 USD20.5
80
Philippines
47.5298 USD13.4
81
Bosnia and Herzegovina
47.4407 USD18.3
82
Sri Lanka
46.6315 USD14.4
83
Albania
46.3354 USD16.3
84
Serbia
45.9440 USD20.5
85
Syria
43.4153 USD7.5
86
Macedonia
42.5415 USD20.9
87
Tunisia
42.0308 USD15.6
88
Colombia
40.0527 USD28.1
89
Algeria
39.6356 USD19.2
90
Azerbaijan
39.6397 USD21.4
91
Georgia
39.3318 USD17.3
92
Ukraine
39.1193 USD10.5
93
Nepal
37.461 USD3.5
94
Kazakhstan
36.7726 USD42.3
95
Pakistan
36.5126 USD7.4
96
Moldova
35.2177 USD10.7
97
India
33.0140 USD9.1





The calculated cost of living index is based on the OECD figures and has been completed with consumer information of Numbeo. 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 1.9 (Ethiopia) does not matter in this table. This would correspond to about one-52th 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.