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.

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.

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.

Cost of Living Index data was reported at 7,726.308 1913=1 in 2017. This records an increase from the previous number of 7,642.160 1913=1 for 2016. Cost of Living Index data is updated yearly, averaging 5.167 1913=1 from Dec 1861 (Median) to 2017, with 157 observations. The data reached an all-time high of 7,726.308 1913=1 in 2017 and a record low of 0.766 1913=1 in 1865. Cost of Living Index data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.I030: Cost of Living Index: 1913=1.

Morocco: Cost of living index, world average = 100: The latest value from 2021 is 67.61 index points, an increase from 63.47 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Morocco from 2017 to 2021 is 65.54 index points. The minimum value, 63.47 index points, was reached in 2017 while the maximum of 67.61 index points was recorded in 2021.

This dataset provides insights into the cost of living and average monthly income across various countries and regions worldwide from 2000 to 2023. It includes critical economic indicators such as housing costs, taxes, healthcare, education, transportation expenses, and savings rates. The data is ideal for analyzing economic trends, regional comparisons, and financial planning.

Column Descriptions: Country: The name of the country where the data was recorded. Region: The geographical region to which the country belongs (e.g., Asia, Europe). Year: The year when the data was recorded. Average_Monthly_Income: The average monthly income of individuals in USD. Cost_of_Living: The average monthly cost of living in USD, including essentials like housing, food, and utilities. Housing_Cost_Percentage: The percentage of income spent on housing expenses. Tax_Rate: The average tax rate applied to individuals' income, expressed as a percentage. Savings_Percentage: The portion of income saved monthly, expressed as a percentage. Healthcare_Cost_Percentage: The percentage of income spent on healthcare services. Education_Cost_Percentage: The percentage of income allocated to educational expenses. Transportation_Cost_Percentage: The percentage of income spent on transportation costs.

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.

Argentina: Cost of living index, world average = 100: The latest value from 2021 is 61.38 index points, a decline from 93.54 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Argentina from 2017 to 2021 is 77.46 index points. The minimum value, 61.38 index points, was reached in 2021 while the maximum of 93.54 index points was recorded in 2017.

This is a comparison of the cost of living in various cities, as gathered by popular site numbeo. All data belongs to them and has been shared with permission

Currency is Euro

Cost of Living Index data was reported at 1,960.000 Oct1951=100 in Nov 2018. This stayed constant from the previous number of 1,960.000 Oct1951=100 for Oct 2018. Cost of Living Index data is updated monthly, averaging 978.000 Oct1951=100 from Oct 1951 (Median) to Nov 2018, with 806 observations. The data reached an all-time high of 1,960.000 Oct1951=100 in Nov 2018 and a record low of 98.000 Oct1951=100 in Mar 1955. Cost of Living Index data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.I014: Cost of Living Index: October 1951=100.

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.

Although consumers around the globe wish to help protect the environment in 2022, many of them feel the current cost of living prevents them from doing so. Specifically, about ********** of global consumers reported wanting to do more, but that the cost of living is preventative. This sentiment was felt most in countries like Brazil and India.

The graph shows the world's most expensive cities to live, compared to New York City. Zurich is with a value of *** the most expensive city to live.

Ireland: Cost of living index, world average = 100: The latest value from 2021 is 175.68 index points, an increase from 157.19 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Ireland from 2017 to 2021 is 166.44 index points. The minimum value, 157.19 index points, was reached in 2017 while the maximum of 175.68 index points was recorded in 2021.

Living Cost: Average per Month: FE: Kamchatka Territory data was reported at 21,524.000 RUB in Dec 2020. This records a decrease from the previous number of 21,797.000 RUB for Sep 2020. Living Cost: Average per Month: FE: Kamchatka Territory data is updated quarterly, averaging 12,478.000 RUB from Sep 2001 (Median) to Dec 2020, with 78 observations. The data reached an all-time high of 21,797.000 RUB in Sep 2020 and a record low of 3,014.000 RUB in Sep 2001. Living Cost: Average per Month: FE: Kamchatka Territory 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.

This dataset contains information about the cost of living in almost 5000 cities across the world. The data were gathered by scraping Numbeo's website (https://www.numbeo.com).

Data dictionary

Column	Description
city	Name of the city
country	Name of the country
x1	Meal, Inexpensive Restaurant (USD)
x2	Meal for 2 People, Mid-range Restaurant, Three-course (USD)
x3	McMeal at McDonalds (or Equivalent Combo Meal) (USD)
x4	Domestic Beer (0.5 liter draught, in restaurants) (USD)
x5	Imported Beer (0.33 liter bottle, in restaurants) (USD)
x6	Cappuccino (regular, in restaurants) (USD)
x7	Coke/Pepsi (0.33 liter bottle, in restaurants) (USD)
x8	Water (0.33 liter bottle, in restaurants) (USD)
x9	Milk (regular), (1 liter) (USD)
x10	Loaf of Fresh White Bread (500g) (USD)
x11	Rice (white), (1kg) (USD)
x12	Eggs (regular) (12) (USD)
x13	Local Cheese (1kg) (USD)
x14	Chicken Fillets (1kg) (USD)
x15	Beef Round (1kg) (or Equivalent Back Leg Red Meat) (USD)
x16	Apples (1kg) (USD)
x17	Banana (1kg) (USD)
x18	Oranges (1kg) (USD)
x19	Tomato (1kg) (USD)
x20	Potato (1kg) (USD)
x21	Onion (1kg) (USD)
x22	Lettuce (1 head) (USD)
x23	Water (1.5 liter bottle, at the market) (USD)
x24	Bottle of Wine (Mid-Range, at the market) (USD)
x25	Domestic Beer (0.5 liter bottle, at the market) (USD)
x26	Imported Beer (0.33 liter bottle, at the market) (USD)
x27	Cigarettes 20 Pack (Marlboro) (USD)
x28	One-way Ticket (Local Transport) (USD)
x29	Monthly Pass (Regular Price) (USD)
x30	Taxi Start (Normal Tariff) (USD)
x31	Taxi 1km (Normal Tariff) (USD)
x32	Taxi 1hour Waiting (Normal Tariff) (USD)
x33	Gasoline (1 liter) (USD)
x34	Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) (USD)
x35	Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) (USD)
x36	Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (USD)
x37	1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) (USD)
x38	Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (USD)
x39	Fitness Club, Monthly Fee for 1 Adult (USD)
x40	Tennis Court Rent (1 Hour on Weekend) (USD)
x41	Cinema, International Release, 1 Seat (USD)
x42	Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (USD)
x43	International Primary School, Yearly for 1 Child (USD)
x44	1 Pair of Jeans (Levis 501 Or Similar) (USD)
x45	1 Summer Dress in a Chain Store (Zara, H&M, ...) (USD)
x46	1 Pair of Nike Running Shoes (Mid-Range) (USD)
x47	1 Pair of Men Leather Business Shoes (USD)
x48	Apartment (1 bedroom) in City Centre (USD)
x49	Apartment (1 bedroom) Outside of Centre (USD)
x50	Apartment (3 bedrooms) in City Centre (USD)
x51	Apartment (3 bedrooms) Outside of Centre (USD)
x52	Price per Square Meter to Buy Apartment in City Centre (USD)
x53	Price per Square Meter to Buy Apartment Outside of Centre (USD)
x54	Average Monthly Net Salary (After Tax) (USD)
x55	Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
data_quality	0 if Numbeo considers that more contributors are needed to increase data quality, else 1

As of September 2024, Mumbai had the highest cost of living among other cities in the country, with an index value of ****. Gurgaon, a satellite city of Delhi and part of the National Capital Region (NCR) followed it with an index value of ****.  What is cost of living? The cost of living varies depending on geographical regions and factors that affect the cost of living in an area include housing, food, utilities, clothing, childcare, and fuel among others. The cost of living is calculated based on different measures such as the consumer price index (CPI), living cost indexes, and wage price index. CPI refers to the change in the value of consumer goods and services. The wage price index, on the other hand, measures the change in labor services prices due to market pressures. Lastly, the living cost indexes calculate the impact of changing costs on different households. The relationship between wages and costs determines affordability and shifts in the cost of living. Mumbai tops the list Mumbai usually tops the list of most expensive cities in India. As the financial and entertainment hub of the country, Mumbai offers wide opportunities and attracts talent from all over the country. It is the second-largest city in India and has one of the most expensive real estates in 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.

Living Cost: Average per Month: VR: Samara Region data was reported at 10,962.000 RUB in Dec 2020. This records a decrease from the previous number of 11,163.000 RUB for Sep 2020. Living Cost: Average per Month: VR: Samara Region data is updated quarterly, averaging 6,476.000 RUB from Dec 2001 (Median) to Dec 2020, with 77 observations. The data reached an all-time high of 11,163.000 RUB in Sep 2020 and a record low of 1,661.000 RUB in Dec 2001. Living Cost: Average per Month: VR: Samara 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.

Living Cost: Pensioners: Average per Month: CF: Kursk Region data was reported at 8,332.000 RUB in Dec 2020. This records a decrease from the previous number of 8,737.000 RUB for Sep 2020. Living Cost: Pensioners: Average per Month: CF: Kursk Region data is updated quarterly, averaging 4,198.000 RUB from Dec 2001 (Median) to Dec 2020, with 77 observations. The data reached an all-time high of 8,737.000 RUB in Sep 2020 and a record low of 1,201.000 RUB in Dec 2001. Living Cost: Pensioners: Average per Month: CF: Kursk 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.HF003: Living Cost: Pensioner.