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 and purchasing power related to average income

We adjusted the average cost of living inside the USA (based on 2021 and 2022) 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 in the United States.

The monthly income (please do not confuse this with a wage or salary) is calculated from the gross national income per capita.

The calculated purchasing power index is again based on a value of 100 for the United States. If it is higher, people can afford more based on the cost of living in relation to income. If it is lower, the population is less wealthy.

The example of Switzerland: With a cost of living index of 142 all goods are on average about 42% more expensive than in the USA. But the average income in Switzerland of 7,550 USD is also 28% higher, which means that citizens can also afford more goods. Now you calculate the 42% higher costs against the 28% higher income. In the result, people in Switzerland can afford about 10 percent less than a US citizen."

Source: https://www.worlddata.info/cost-of-living.php

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.

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.

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.

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.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Russia: Cost of living index, world average = 100: The latest value from 2021 is 50.47 index points, a decline from 61.96 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Russia from 2017 to 2021 is 56.22 index points. The minimum value, 50.47 index points, was reached in 2021 while the maximum of 61.96 index points was recorded in 2017.

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.

A list of cost of living index and the breakdown on different aspects of living across different cities around the world

Russia Living Cost: Average per Month data was reported at 10,213.000 RUB in Dec 2018. This records a decrease from the previous number of 10,451.000 RUB for Sep 2018. Russia Living Cost: Average per Month data is updated quarterly, averaging 3,050.000 RUB from Mar 1992 (Median) to Dec 2018, with 108 observations. The data reached an all-time high of 10,451.000 RUB in Sep 2018 and a record low of 1.423 RUB in Jun 1992. Russia Living Cost: Average per Month data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HF001: Living Cost.

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.

This Cost of International Education dataset compiles detailed financial information for students pursuing higher education abroad. It covers multiple countries, cities, and universities around the world, capturing the full tuition and living expenses spectrum alongside key ancillary costs. With standardized fields such as tuition in USD, living-cost indices, rent, visa fees, insurance, and up-to-date exchange rates, it enables comparative analysis across programs, degree levels, and geographies. Whether you’re a prospective international student mapping out budgets, an educational consultant advising on affordability, or a researcher studying global education economics, this dataset offers a comprehensive foundation for data-driven insights.

Description

Potential Uses

• Budget Planning Prospective students can filter by country, program level, or university to forecast total expenses and compare across destinations.
• Policy Analysis Educational policymakers and NGOs can assess the affordability of international education and design support programs.
• Economic Research Economists can correlate living-cost indices and tuition levels with enrollment rates or student demographics.
• University Benchmarking Institutions can benchmark their fees and ancillary costs against peer universities worldwide.

Notes on Data Collection & Quality

• Currency Conversions All monetary values are unified to USD using contemporaneous exchange rates to facilitate direct comparison.
• Living Cost Index Derived from reputable city-index publications (e.g., Numbeo, Mercer) to standardize disparate cost-of-living metrics.
• Data Currency Exchange rates and fee schedules should be periodically updated to reflect market fluctuations and policy changes.

Feel free to explore, visualize, and extend this dataset for deeper insights into the true cost of studying abroad!

Living Cost: Average per Month: FE: Chukotka Area data was reported at 23,999.000 RUB in Dec 2020. This records an increase from the previous number of 23,860.000 RUB for Sep 2020. Living Cost: Average per Month: FE: Chukotka Area data is updated quarterly, averaging 11,724.000 RUB from Jun 2003 (Median) to Dec 2020, with 71 observations. The data reached an all-time high of 23,999.000 RUB in Dec 2020 and a record low of 5,744.000 RUB in Dec 2003. Living Cost: Average per Month: FE: Chukotka Area data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HF001: Living Cost.

Living Cost: Average per Month: FE: Sakhalin Region data was reported at 16,130.000 RUB in Dec 2020. This records a decrease from the previous number of 16,408.000 RUB for Sep 2020. Living Cost: Average per Month: FE: Sakhalin Region data is updated quarterly, averaging 9,918.000 RUB from Mar 2002 (Median) to Dec 2020, with 76 observations. The data reached an all-time high of 16,408.000 RUB in Sep 2020 and a record low of 2,929.000 RUB in Mar 2002. Living Cost: Average per Month: FE: Sakhalin Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HF001: Living Cost.

Dataset

This dataset was created by Andy Tran

Released under Other (specified in description)

Contents

Living Cost: Average per Month: NW: Republic of Komi data was reported at 14,567.000 RUB in Dec 2020. This stayed constant from the previous number of 14,567.000 RUB for Sep 2020. Living Cost: Average per Month: NW: Republic of Komi data is updated quarterly, averaging 7,823.000 RUB from Mar 2001 (Median) to Dec 2020, with 80 observations. The data reached an all-time high of 14,567.000 RUB in Dec 2020 and a record low of 1,759.000 RUB in Mar 2001. Living Cost: Average per Month: NW: Republic of Komi data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HF001: Living Cost.

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.

South Korea's capital Seoul had the highest cost of living among megacities in the Asia-Pacific region in 2024, with an index score of ****. Japan's capital Tokyo followed with a cost of living index score of ****. AffordabilityIn terms of housing affordability, Chinese megacity Shanghai had the highest rent index score in 2024. Affordability has become an issue in certain megacities across the Asia-Pacific region, with accommodation proving expensive. Next to Shanghai, Japanese capital Tokyo and South Korean capital Seoul boast some of the highest rent indices in the region. Increased opportunities in megacitiesAs the biggest region in the world, it is not surprising that the Asia-Pacific region is home to 28 megacities as of January 2024, with expectations that this number will dramatically increase by 2030. The growing number of megacities in the Asia-Pacific region can be attributed to raised levels of employment and living conditions. Cities such as Tokyo, Shanghai, and Beijing have become economic and industrial hubs. Subsequently, these cities have forged a reputation as being the in-trend places to live among the younger generations. This reputation has also pushed them to become enticing to tourists, with Tokyo displaying increased numbers of tourists throughout recent years, which in turn has created more job opportunities for inhabitants. As well as Tokyo, Shanghai has benefitted from the increased tourism, and has demonstrated an increasing population. A big factor in this population increase could be due to the migration of citizens to the city, seeking better employment possibilities.

Georgia: Cost of living index, world average = 100: The latest value from 2021 is 44.66 index points, a decline from 52.82 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Georgia from 2017 to 2021 is 48.74 index points. The minimum value, 44.66 index points, was reached in 2021 while the maximum of 52.82 index points was recorded in 2017.