Kosten des täglichen Bedarfs

Comparison of worldwide cost of living

Living ist most expensive in Switzerland and cheapest in India. In our ranking of 100 countries all around the world the USA comes 18th.

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
1Switzerland156.06,770 USD92.7
2Iceland131.94,749 USD76.9
3Norway131.96,861 USD111.1
4Denmark119.64,728 USD84.5
5Singapore114.54,323 USD80.6
6Australia112.84,535 USD85.9
7Hong Kong111.53,603 USD69.0
8Kosovo110.0321 USD6.2
9New Zealand110.03,256 USD63.2
10Luxembourg109.56,388 USD124.6
11Israel109.23,016 USD59.0
12Japan108.13,167 USD62.6
13Ireland106.34,380 USD88.0
14Finland105.33,728 USD75.6
15United Kingdom103.93,533 USD72.7
16Sweden103.94,553 USD93.6
17Belgium100.53,488 USD74.1
18United States100.04,682 USD100.0
19France98.63,246 USD70.3
20Netherlands97.83,859 USD84.3
21Qatar95.86,305 USD140.6
22South Korea94.92,300 USD51.8
23Canada93.33,638 USD83.3
24Austria93.13,769 USD86.5
25Italy91.92,633 USD61.2
26United Arab Emirates90.43,373 USD79.7
27Germany89.73,638 USD86.7
28Argentina87.7997 USD24.3
29Macau87.65,382 USD131.2
30Ghana86.8115 USD2.8
31Malta83.92,012 USD51.2
32Venezuela82.2980 USD25.5
33Costa Rica79.0903 USD24.4
34Spain78.72,293 USD62.2
35Jamaica76.2388 USD10.9
36Greece74.01,580 USD45.6
37Slovenia71.61,805 USD53.9
38Burma70.699 USD3.0
39Portugal70.41,654 USD50.2
40Dominican Republic70.3533 USD16.2
41Iraq69.1453 USD14.0
42Tanzania67.775 USD2.4
43Estonia66.61,479 USD47.4
44Croatia65.91,009 USD32.7
45China65.8688 USD22.3
46Mauritius65.6813 USD26.5
47Saudi Arabia65.11,813 USD59.5
48Cambodia64.895 USD3.1
49Nigeria64.6204 USD6.8
50Chile63.71,128 USD37.8
51Latvia63.21,219 USD41.2
52Lithuania62.31,231 USD42.2
53Ecuador60.6485 USD17.1
54Ethiopia60.555 USD1.9
55Slovakia60.41,401 USD49.6
56Fiji60.0403 USD14.4
57Czech Republic57.31,464 USD54.6
58Turkey57.3932 USD34.7
59Iran56.2544 USD20.7
60Thailand54.8470 USD18.3
61Kenya54.5115 USD4.5
62Namibia54.3385 USD15.1
63Vietnam54.1171 USD6.7
64Montenegro54.1581 USD22.9
65Belarus54.0467 USD18.5
66Hungary53.81,048 USD41.6
67Brazil53.2737 USD29.6
68Russia52.6810 USD32.9
69Peru52.0496 USD20.4
70Malaysia51.3821 USD34.2
71Bolivia51.2256 USD10.7
72Egypt50.2288 USD12.3
73Bulgaria49.8623 USD26.7
74Indonesia49.7283 USD12.2
75Poland49.71,057 USD45.4
76Mexico49.1753 USD32.8
77Morocco48.7238 USD10.4
78Armenia48.6313 USD13.8
79Bangladesh48.6111 USD4.9
80Romania47.6789 USD35.4
81South Africa47.5457 USD20.5
82Philippines47.5298 USD13.4
83Bosnia and Herzegovina47.4407 USD18.3
84Sri Lanka46.6315 USD14.4
85Albania46.3354 USD16.3
86Serbia45.9440 USD20.5
87Syria43.4153 USD7.5
88Macedonia42.5415 USD20.9
89Tunisia42.0308 USD15.6
90Colombia40.0527 USD28.1
91Algeria39.6356 USD19.2
92Azerbaijan39.6397 USD21.4
93Georgia39.3318 USD17.3
94Ukraine39.1193 USD10.5
95Nepal37.461 USD3.5
96Kazakhstan36.7726 USD42.3
97Pakistan36.5126 USD7.4
98Moldova35.2177 USD10.7
99India33.0140 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.