The average for 2021 based on 165 countries was 79.81 index points. The highest value was in Bermuda: 212.7 index points and the lowest value was in Syria: 33.25 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Cost of Living - Country Rankings Dataset

Context:

The "Cost of Living - Country Rankings Dataset" provides comprehensive information on the cost of living in various countries around the world. Understanding the cost of living is crucial for individuals, businesses, and policymakers alike, as it impacts decisions related to travel, relocation, investment, and economic analysis. This dataset is intended to serve as a valuable resource for researchers, data analysts, and anyone interested in exploring and comparing the cost of living across different nations.

Content:

This dataset comprises four primary columns:

1. Countries: This column contains the names of various countries included in the dataset. Each country is identified by its official name.

2. Cost of Living: The "Cost of Living" column represents the cost of living index or score for each country. This index is typically calculated by considering various factors, such as housing, food, transportation, healthcare, and other essential expenses. A higher index value indicates a higher cost of living in that particular country, while a lower value suggests a more affordable cost of living.

3. 2017 Global Rank: This column provides the global ranking of each country's cost of living in the year 2017. The ranking is based on the cost of living index mentioned earlier. A lower rank indicates a lower cost of living relative to other countries, while a higher rank suggests a higher cost of living position.

4. Available Data: The "Available Data" column indicates whether or not data for a specific country and year is available.

This dataset is designed to support various data analysis and visualization tasks. Users can explore trends in the cost of living, identify countries with high or low cost of living, and analyze how rankings have changed over time. Researchers can use this dataset to conduct in-depth studies on the factors influencing the cost of living in different regions and the economic implications of such variations.

Please note that the dataset includes information for the year 2017, and users are encouraged to consider this when interpreting the data, as economic conditions and the cost of living may have changed since then. Additionally, this dataset aims to provide a snapshot of cost of living rankings for countries in 2017 and may not cover every country in the world.

Link: https://www.theglobaleconomy.com/rankings/cost_of_living_wb/

Disclaimer: The accuracy and completeness of the data provided in this dataset are subject to the source from which it was obtained. Users are advised to cross-reference this data with authoritative sources and exercise discretion when making decisions based on it. The dataset creator and Kaggle assume no responsibility for any actions taken based on the information provided herein.

The average for 2021 based on 41 countries was 107.05 index points. The highest value was in Switzerland: 211.98 index points and the lowest value was in Belarus: 40.99 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Zurich, Lausanne, and Geneva were ranked as the most expensive cities worldwide with indices of ************************ Almost half of the 11 most expensive cities were in Switzerland.

The Cost of living rating evaluates how much ordinary living expenses cost in different countries, including food, housing, necessary goods, services, medical insurance and other aspects.

Global Housing and Utilities Price Rankings

Context:

This dataset provides comprehensive information on housing and utilities prices across various countries, allowing researchers, analysts, and enthusiasts to explore global cost-of-living trends. The data includes details on each country's housing and utilities prices for the year 2017, along with their global ranking based on these costs. The dataset also indicates the availability status of the data for each country, ensuring transparency in the information provided.

Dataset Use Cases:

• Researchers can analyze this dataset to identify countries with the most and least affordable housing and utilities costs in 2017.
• Data analysts can visualize the global rankings to spot trends in housing affordability.
• Expats and individuals planning to relocate can use this data to make informed decisions about their destination countries.
• Policymakers can gain insights into the cost-of-living disparities between nations.

About the Dataset

This dataset contains Quality of Life indices for various countries around the globe, extracted from the Numbeo website. The data provides valuable metrics for comparing countries based on several aspects of living standards, which can assist in decisions such as choosing a place to live or analyzing global trends in quality of life.

OBS: The code to generate this dataset is presented on: https://www.kaggle.com/code/marcelobatalhah/web-scrapping-quality-of-life-index

Columns in the Dataset

1. Rank:
   The global rank of the country based on its Quality of Life Index according to Year (1 = highest quality of life).

2. Country:
   The name of the country.

3. Quality of Life Index:
   A composite index that evaluates the overall quality of life in a country by combining other indices, such as Safety, Purchasing Power, and Health Care.

4. Purchasing Power Index:
   Measures the relative purchasing power of the average consumer in a country compared to New York City (baseline = 100).

5. Safety Index:
   Indicates the safety level of a country. A higher score suggests a safer environment.

6. Health Care Index:
   Evaluates the quality and accessibility of healthcare in the country.

7. Cost of Living Index:
   Measures the relative cost of living in a country compared to New York City (baseline = 100).

8. Property Price to Income Ratio:
   Compares the affordability of real estate by dividing the average property price by the average income.

9. Traffic Commute Time Index:
   Reflects the average time spent commuting due to traffic.

10. Pollution Index:
    Rates the level of pollution in the country (air, water, etc.).

11. Climate Index:
    Rates the favorability of the climate in the country (higher = more favorable).

12. Year:
    Year when the metrics were extracted.

Key Insights from the Dataset

• The Quality of Life Index aggregates multiple indicators, making it a useful single metric to compare countries.
• Specific indices such as Safety Index or Health Care Index allow for focused analysis on areas like security or healthcare quality.
• Cost of Living Index and Purchasing Power Index can help determine the affordability of living in each country.

How the Data Was Collected

• The dataset was built using web scraping techniques in Python.
• The data was extracted from the "Quality of Life Rankings by Country" page on Numbeo.
• Libraries used:
  • requests for retrieving webpage content.
  • BeautifulSoup for parsing the HTML and extracting relevant information.
  • pandas for organizing and storing the data in a structured format.

Possible Applications

1. Relocation Decision Making:
   Use the dataset to compare countries and identify destinations with high quality of life, safety, and healthcare.

2. Global Analysis:
   Perform exploratory data analysis (EDA) to identify trends and correlations across quality of life metrics.

3. Visualization:
   Plot global maps, bar charts, or other visualizations to better understand the data.

4. Predictive Modeling:
   Use this dataset as a base for machine learning tasks, like predicting Quality of Life Index based on other metrics.

This statistic displays the results of a survey about the cost of living ranking according to expatriates living in the Gulf Cooperation Council as of **********, by country. According to the report published by InterNations, Saudi Arabia ranked **** out of 68 countries when it comes to cost of living as of **********.

Cost of Living Index by Country, 2024 Mid Year data Data scraped from Numbeo: www.numbeo.com/cost-of-living/rankings_by_country.jsp All credits to Numbeo: www.numbeo.com/cost-of-living/

An index of 100 reflects the same living cost as in New York City, United States. As of 2024 Mid Year data, in NYC, A family of four estimated monthly costs are $6,074.40 without rent. A single person's estimated monthly costs are $1,640.90 without rent.

The average for 2021 based on 40 countries was 69.86 index points. The highest value was in Israel: 188.01 index points and the lowest value was in Syria: 33.25 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Table showing the country rankings based in the different metrics analysed

Luxembourg stands out as the European leader in quality of life for 2025, achieving a score of 220 on the Quality of Life Index. The Netherlands follows closely behind with 211 points, while Albania and Ukraine rank at the bottom with scores of 104 and 115 respectively. This index provides a thorough assessment of living conditions across Europe, reflecting various factors that shape the overall well-being of populations and extending beyond purely economic metrics. Understanding the quality of life index The quality of life index is a multifaceted measure that incorporates factors such as purchasing power, pollution levels, housing affordability, cost of living, safety, healthcare quality, traffic conditions, and climate, to measure the overall quality of life of a Country. Higher overall index scores indicate better living conditions. However, in subindexes such as pollution, cost of living, and traffic commute time, lower values correspond to improved quality of life. Challenges affecting life satisfaction Despite the fact that European countries register high levels of life quality by for example leading the ranking of happiest countries in the world, life satisfaction across the European Union has been on a downward trend since 2018. The EU's overall life satisfaction score dropped from 7.3 out of 10 in 2018 to 7.1 in 2022. This decline can be attributed to various factors, including the COVID-19 pandemic and economic challenges such as high inflation. Rising housing costs, in particular, have emerged as a critical concern, significantly affecting quality of life. This issue has played a central role in shaping voter priorities for the European Parliamentary Elections in 2024 and becoming one of the most pressing challenges for Europeans, profoundly influencing both daily experiences and long-term well-being.

West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

The average for 2021 based on 11 countries was 67.5 index points. The highest value was in Uruguay: 100.24 index points and the lowest value was in Suriname: 43.15 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

As of 2022, Israel had the highest price level index among listed countries, amounting to 138, with 100 being the average of OECD countries. Switzerland and Iceland followed on the places behind. On the other hand, Turkey and India had the lowest price levels compared to the OECD average. This price index shows differences in price levels in different countries. Another very popular index indicating the value of money is the Big Mac index, showing how much a Big Mac costs in different countries. This list was also topped by Switzerland in 2023.

The average for 2021 based on 50 countries was 57.94 index points. The highest value was in Zimbabwe: 90.09 index points and the lowest value was in Egypt: 37.46 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Quality of Life Index (higher is better) is an estimation of overall quality of life by using an empirical formula which takes into account purchasing power index (higher is better), pollution index (lower is better), house price to income ratio (lower is better), cost of living index (lower is better), safety index (higher is better), health care index (higher is better), traffic commute time index (lower is better) and climate index (higher is better).

Current formula (written in Java programming language):

index.main = Math.max(0, 100 + purchasingPowerInclRentIndex / 2.5 - (housePriceToIncomeRatio * 1.0) - costOfLivingIndex / 10 + safetyIndex / 2.0 + healthIndex / 2.5 - trafficTimeIndex / 2.0 - pollutionIndex * 2.0 / 3.0 + climateIndex / 3.0);

For details how purchasing power (including rent) index, pollution index, property price to income ratios, cost of living index, safety index, climate index, health index and traffic index are calculated please look up their respective pages.

Formulas used in the past

Formula used between June 2017 and Decembar 2017

We decided to decrease weight from costOfLivingIndex in this formula:

index.main = Math.max(0, 100 + purchasingPowerInclRentIndex / 2.5 - (housePriceToIncomeRatio * 1.0) - costOfLivingIndex / 5 + safetyIndex / 2.0 + healthIndex / 2.5 - trafficTimeIndex / 2.0 - pollutionIndex * 2.0 / 3.0 + climateIndex / 3.0);

The World Happiness 2017, which ranks 155 countries by their happiness levels, was released at the United Nations at an event celebrating International Day of Happiness on March 20th. The report continues to gain global recognition as governments, organizations and civil society increasingly use happiness indicators to inform their policy-making decisions. Leading experts across fields – economics, psychology, survey analysis, national statistics, health, public policy and more – describe how measurements of well-being can be used effectively to assess the progress of nations. The reports review the state of happiness in the world today and show how the new science of happiness explains personal and national variations in happiness.

The scores are based on answers to the main life evaluation question asked in the poll. This question, known as the Cantril ladder, asks respondents to think of a ladder with the best possible life for them being a 10 and the worst possible life being a 0 and to rate their own current lives on that scale. The scores are from nationally representative samples for 2017 and use the Gallup weights to make the estimates representative. The columns following the happiness score estimate the extent to which each of six factors – economic production, social support, life expectancy, freedom, absence of corruption, and generosity – contribute to making life evaluations higher in each country than they are in Dystopia, a hypothetical country that has values equal to the world’s lowest national averages for each of the six factors. They have no impact on the total score reported for each country, but they do explain why some countries rank higher than others.

Quality of life index, link: https://www.numbeo.com/quality-of-life/indices_explained.jsp

Happiness store, link: https://www.kaggle.com/unsdsn/world-happiness/home

Damascus in Syria was ranked as the least expensive city worldwide in 2023, with an index score of ** out of 100. The country has been marred by civil war over the last decade, hitting the country's economy hard. Other cities in the Middle East and North Africa, such as Tehran, Tripoli, and Tunis, are also present on the list. On the other hand, Singapore and Zurich were ranked the most expensive cities in the world.

There is more to housing affordability than the rent or mortgage you pay. Transportation costs are the second-biggest budget item for most families, but it can be difficult for people to fully factor transportation costs into decisions about where to live and work. The Location Affordability Index (LAI) is a user-friendly source of standardized data at the neighborhood (census tract) level on combined housing and transportation costs to help consumers, policymakers, and developers make more informed decisions about where to live, work, and invest. Compare eight household profiles (see table below) —which vary by household income, size, and number of commuters—and see the impact of the built environment on affordability in a given location while holding household demographics constant.*$11,880 for a single person household in 2016 according to US Dept. of Health and Human Services: https://aspe.hhs.gov/computations-2016-poverty-guidelinesThis layer is symbolized by the percentage of housing and transportation costs as a percentage of income for the Median-Income Family profile, but the costs as a percentage of income for all household profiles are listed in the pop-up:Also available is a gallery of 8 web maps (one for each household profile) all symbolized the same way for easy comparison: Median-Income Family, Very Low-Income Individual, Working Individual, Single Professional, Retired Couple, Single-Parent Family, Moderate-Income Family, and Dual-Professional Family.An accompanying story map provides side-by-side comparisons and additional context.--Variables used in HUD's calculations include 24 measures such as people per household, average number of rooms per housing unit, monthly housing costs (mortgage/rent as well as utility and maintenance expenses), average number of cars per household, median commute distance, vehicle miles traveled per year, percent of trips taken on transit, street connectivity and walkability (measured by block density), and many more.To learn more about the Location Affordability Index (v.3) visit: https://www.hudexchange.info/programs/location-affordability-index/. There you will find some background and an FAQ page, which includes the question:"Manhattan, San Francisco, and downtown Boston are some of the most expensive places to live in the country, yet the LAI shows them as affordable for the typical regional household. Why?" These areas have some of the lowest transportation costs in the country, which helps offset the high cost of housing. The area median income (AMI) in these regions is also high, so when costs are shown as a percent of income for the typical regional household these neighborhoods appear affordable; however, they are generally unaffordable to households earning less than the AMI.Date of Coverage: 2012-2016 Date Released: March 2019Date Downloaded from HUD Open Data: 4/18/19Further Documentation:LAI Version 3 Data and MethodologyLAI Version 3 Technical Documentation_**The documentation below is in reference to this items placement in the NM Supply Chain Data Hub. The documentation is of use to understanding the source of this item, and how to reproduce it for updates**

Title: Location Affordability Index - NMCDC Copy

Summary: This layer contains the Location Affordability Index from U.S. Dept. of Housing and Urban Development (HUD) - standardized household, housing, and transportation cost estimates by census tract for 8 household profiles.

Notes: This map is copied from source map: https://nmcdc.maps.arcgis.com/home/item.html?id=de341c1338c5447da400c4e8c51ae1f6, created by dianaclavery_uo, and identified in Living Atlas.

Prepared by: dianaclavery_uo, copied by EMcRae_NMCDC

Source: This map is copied from source map: https://nmcdc.maps.arcgis.com/home/item.html?id=de341c1338c5447da400c4e8c51ae1f6, created by dianaclavery_uo, and identified in Living Atlas. Check the source documentation or other details above for more information about data sources.

Feature Service: https://nmcdc.maps.arcgis.com/home/item.html?id=447a461f048845979f30a2478b9e65bb

UID: 73

Data Requested: Family income spent on basic need

Method of Acquisition: Search for Location Affordability Index in the Living Atlas. Make a copy of most recent map available. To update this map, copy the most recent map available. In a new tab, open the AGOL Assistant Portal tool and use the functions in the portal to copy the new maps JSON, and paste it over the old map (this map with item id

Date Acquired: Map copied on May 10, 2022

Priority rank as Identified in 2022 (scale of 1 being the highest priority, to 11 being the lowest priority): 6

Tags: PENDING

Title: Top Cities Worldwide: Quality of Life Index 2024 Subtitle: Ranking the World's Best Cities for Living Based on Key Metrics

Source of Data: The dataset was collected from Numbeo.com, a publicly accessible database that provides data on various quality-of-life indicators across cities worldwide. Numbeo aggregates user-contributed data validated through statistical methods to ensure reliability.

Data Collection Method: Data was acquired through web scraping. Care was taken to follow ethical web scraping practices, adhering to Numbeo’s terms of service and respecting their robots.txt file.

Columns Description:

The dataset includes the following columns:

• Rank: City ranking based on the Quality of Life Index.
• City: Name of the city.
• Country: Country where the city is located.
• Quality of Life Index: Overall index measuring quality of life, calculated based on various sub-indices.
• Purchasing Power Index: Measures relative purchasing power in the city.
• Safety Index: Indicates how safe the city is based on crime rates.
• Health Care Index: Reflects the quality and accessibility of healthcare services.
• Cost of Living Index: Represents the cost of living, including housing, food, and transportation.
• Property Price to Income Ratio: A measure of housing affordability, calculated as the ratio of property prices to average incomes.
• Traffic Commute Time Index: Average time spent commuting within the city.

Limitations and Considerations:

• User-Generated Data: Since data on Numbeo is user-contributed, it may be subject to biases.
• Data Update Frequency: As Numbeo updates its data regularly, the dataset represents a snapshot in time and may require periodic updates.

Usage Note: The dataset is intended for research and analytical purposes. Users should verify the data's applicability for their specific use cases, considering the limitations mentioned above.