Kosten des täglichen Bedarfs

Comparison of worldwide cost of living

Living ist most expensive in Switzerland and cheapest in India. In our ranking of 96 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 6417 USD is also 38% higher, which means that citizens can also afford more on the other side. If you now calculate the 10% higher costs against the 38% higher income, people in Luxembourg can still afford about 1.3 times more than a US citizen.

PlatzCountryCost of living indexØ Monthly incomePurchasing power index
1
Switzerland
156.07,053 USD96.9
2
Iceland
131.94,178 USD67.9
3
Norway
131.97,812 USD126.9
4
Denmark
119.64,879 USD87.5
5
Singapore
114.54,341 USD81.2
6
Australia
112.85,006 USD95.1
7
Hong Kong
111.53,417 USD65.7
8
New Zealand
110.03,335 USD65.0
9
Luxembourg
109.56,417 USD125.6
10
Israel
109.22,981 USD58.5
11
Japan
108.13,237 USD64.2
12
Ireland
106.34,382 USD88.4
13
Finland
105.33,879 USD79.0
14
United Kingdom
103.93,616 USD74.6
15
Sweden
103.94,827 USD99.6
16
Belgium
100.53,688 USD78.6
17
United States
100.04,665 USD100.0
18
France
98.63,378 USD73.5
19
Netherlands
97.84,071 USD89.3
20
Qatar
95.86,999 USD156.6
21
South Korea
94.92,288 USD51.7
22
Canada
93.33,962 USD91.0
23
Austria
93.13,951 USD91.0
24
Italy
91.92,734 USD63.8
25
United Arab Emirates
90.43,591 USD85.1
26
Germany
89.73,828 USD91.5
27
Argentina
87.71,038 USD25.4
28
Macau
87.65,598 USD137.0
29
Ghana
86.8123 USD3.0
30
Malta
83.91,994 USD50.9
31
Venezuela
82.2982 USD25.6
32
Costa Rica
79.0867 USD23.5
33
Spain
78.72,378 USD64.7
34
Jamaica
76.2421 USD11.8
35
Greece
74.01,693 USD49.1
36
Slovenia
71.61,849 USD55.4
37
Burma
70.697 USD2.9
38
Portugal
70.41,711 USD52.1
39
Iraq
69.1485 USD15.0
40
Tanzania
67.777 USD2.4
41
Estonia
66.61,530 USD49.2
42
Croatia
65.91,058 USD34.4
43
China
65.8661 USD21.5
44
Mauritius
65.6815 USD26.6
45
Saudi Arabia
65.11,963 USD64.6
46
Cambodia
64.889 USD3.0
47
Nigeria
64.6235 USD7.8
48
Chile
63.71,175 USD39.6
49
Latvia
63.21,248 USD42.3
50
Lithuania
62.31,245 USD42.8
51
Ecuador
60.6503 USD17.8
52
Ethiopia
60.549 USD1.7
53
Slovakia
60.41,464 USD52.0
54
Fiji
60.0403 USD14.4
55
Czech Republic
57.31,512 USD56.5
56
Turkey
57.3829 USD31.0
57
Iran
56.2546 USD20.8
58
Thailand
54.8477 USD18.6
59
Kenya
54.5112 USD4.4
60
Namibia
54.3433 USD17.1
61
Vietnam
54.1166 USD6.6
62
Montenegro
54.1602 USD23.8
63
Belarus
54.0538 USD21.4
64
Hungary
53.81,082 USD43.1
65
Brazil
53.2821 USD33.1
66
Russia
52.6954 USD38.9
67
Peru
52.0511 USD21.1
68
Malaysia
51.3881 USD36.8
69
Bolivia
51.2250 USD10.5
70
Egypt
50.2278 USD11.9
71
Bulgaria
49.8623 USD26.8
72
Indonesia
49.7287 USD12.4
73
Poland
49.71,112 USD48.0
74
Mexico
49.1809 USD35.4
75
Morocco
48.7253 USD11.1
76
Armenia
48.6323 USD14.3
77
Bangladesh
48.699 USD4.4
78
Romania
47.6792 USD35.6
79
South Africa
47.5507 USD22.8
80
Philippines
47.5296 USD13.3
81
Bosnia and Herzegovina
47.4389 USD17.6
82
Sri Lanka
46.6317 USD14.6
83
Albania
46.3357 USD16.5
84
Serbia
45.9462 USD21.6
85
Syria
43.4155 USD7.7
86
Macedonia
42.5428 USD21.6
87
Tunisia
42.0332 USD16.9
88
Colombia
40.0595 USD31.9
89
Algeria
39.6406 USD22.0
90
Ukraine
39.1220 USD12.1
91
Nepal
37.461 USD3.5
92
Kazakhstan
36.7949 USD55.5
93
Pakistan
36.5120 USD7.0
94
Moldova
35.2187 USD11.4
95
India
33.0133 USD8.7





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 1.7 (Ethiopia) does not matter in this table. This would correspond to about one-57th 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.