Cost of Living by Country: 195 Countries Ranked (2026)

Compare cost of living by country, including monthly living expenses, rent prices, salaries, purchasing power, safety, and quality of life rankings. Explore the cheapest and most expensive countries to live, work, study, retire, or relocate in 2026.

  • 197 countries covered
  • ✓ Cost of living & rent rankings
  • ✓ Salaries, purchasing power & safety data
  • ✓ Updated monthly

Showing 12 of 197 countries

Quick Answer

The cheapest countries to live in 2025 include North Korea, Afghanistan, Yemen, Eritrea, Syria, Venezuela. The most expensive countries include Monaco, Switzerland, Liechtenstein, Norway, Iceland, Luxembourg. Use the country database below to compare monthly expenses, quality of life, and safety across 197 countries.

Key Takeaways

  • 197 countries compared
  • Updated monthly
  • Includes quality of life data
  • Includes safety scores
  • Data sourced from contributors and official sources

Data updated monthly. Last updated: July 4, 2026 · Data source: Worldlivingcost contributor database.

Cheapest Countries to Live In, Ranked (2025)

RankCountryAvg. Monthly CostQuality of LifeSafety
1North Korea$40018/10045/100
2Afghanistan$45022/1008/100
3Yemen$46018/1008/100
4Eritrea$48030/10045/100
5Syria$48020/10012/100
6Venezuela$50028/10010/100
7Guinea-Bissau$52030/10042/100
8Burundi$52028/10028/100
9Niger$53028/10032/100
10Central African Republic$53022/10018/100
11Pakistan$55045/10032/100
12Madagascar$55036/10038/100
13Malawi$55038/10044/100
14Tajikistan$56044/10052/100
15Somalia$58020/10010/100
16Sudan$58028/10024/100
17Gambia$58038/10052/100
18Nepal$60048/10055/100
19Myanmar$60041/10035/100
20Cuba$60052/10055/100

Most Expensive Countries to Live In, Ranked (2025)

RankCountryAvg. Monthly CostQuality of LifeSafety
1Monaco$7,00090/10092/100
2Switzerland$4,80091/10088/100
3Liechtenstein$4,50092/10092/100
4Norway$4,40092/10086/100
5Iceland$4,30090/10092/100
6Luxembourg$4,20088/10082/100
7China (SAR)$4,00072/10080/100
8Denmark$4,00092/10082/100
9Israel$3,60074/10052/100
10Ireland$3,60080/10072/100
11United States$3,53470/10048/100
12Singapore$3,50084/10090/100
13Finland$3,30090/10084/100
14United Kingdom$3,10075/10060/100
15Canada$3,00083/10068/100
16Netherlands$3,00088/10070/100
17Sweden$3,00090/10078/100
18Japan$2,96785/10089/100
19Australia$2,90087/10078/100
20France$2,83377/10049/100

Safest Countries, Ranked (2025)

RankCountrySafetyAvg. Monthly CostQuality of Life
1Iceland92/100$4,30090/100
2Liechtenstein92/100$4,50092/100
3Monaco92/100$7,00090/100
4Singapore90/100$3,50084/100
5Japan89/100$2,96785/100
6Switzerland88/100$4,80091/100
7Andorra88/100$2,40082/100
8San Marino88/100$2,60084/100
9United Arab Emirates87/100$2,80079/100
10Qatar86/100$2,60076/100
11Norway86/100$4,40092/100
12Taiwan84/100$2,00084/100
13Finland84/100$3,30090/100
14Oman84/100$2,00070/100
15Denmark82/100$4,00092/100
16Luxembourg82/100$4,20088/100
17South Korea81/100$2,50081/100
18China (SAR)80/100$4,00072/100
19Austria80/100$2,60092/100
20New Zealand80/100$2,63384/100

What Are the Cheapest Countries to Live in 2025?

According to Worldlivingcost data, the cheapest countries to live in 2025 include North Korea, Afghanistan, Yemen, Eritrea, Syria, Venezuela. Average monthly living expenses range from $400 to $900 depending on city, lifestyle, and housing costs.

What Are the Best Countries for Remote Workers?

The best countries for remote workers and digital nomads combine low living costs with fast internet and nomad-friendly visas. Thailand, Vietnam, Georgia, Portugal, and Mexico are consistently ranked among the top choices, with typical monthly budgets under $1,500.

What Are the Cheapest Countries to Retire In?

Bhutan, Sri Lanka, India, Philippines, Tunisia, Paraguay are among the cheapest countries to retire in 2025 based on affordability and quality-of-life data, offering budgets typically between $1,000 and $2,000 per month for a couple.

Which Countries Have the Highest Quality of Life?

Austria, Norway, Denmark, Liechtenstein, Switzerland, Sweden rank among the highest for quality of life in the Worldlivingcost database, combining strong infrastructure, healthcare, and safety scores.

How Cost of Living Is Calculated

Worldlivingcost calculates cost of living using housing, groceries, transportation, utilities, dining, healthcare, and local purchasing power data collected across cities and countries worldwide. Figures are averaged across each country's tracked cities to produce the country-level estimates shown on this page.

Factors That Affect Cost of Living

  • Housing prices
  • Rent demand
  • Utility costs
  • Food prices
  • Transportation expenses
  • Healthcare costs
  • Average salaries
  • Inflation rates

Cost of Living vs Quality of Life

A low cost of living does not always mean a higher quality of life. Countries with affordable housing and food may offer different healthcare, infrastructure, safety, and employment opportunities. That's why this page tracks quality of life and safety alongside average monthly cost, rather than ranking countries on price alone.

Cheapest Countries to Live in 2025

Many countries offer very low living costs. A single person can live well on $500–$900 per month.

  • Pakistan – from $400/month
  • India – from $450/month
  • Nepal – from $480/month
  • Vietnam – from $550/month
  • Cambodia – from $600/month

Best Countries to Retire Abroad

These countries combine low costs with a reasonable quality of life, based on affordability and quality-of-life data.

  • Bhutan
  • Sri Lanka
  • India
  • Philippines
  • Tunisia
  • Paraguay

Top Countries for Remote Workers

These countries have fast internet and low costs. Most offer digital nomad visas.

  • Thailand – fast WiFi, under $1,500/month
  • Vietnam – very affordable, great cafes
  • Georgia – nomad visa available
  • Portugal – EU access, good infrastructure
  • Mexico – close to US timezone

Safest Countries

  • Iceland – safety score 92/100
  • Liechtenstein – safety score 92/100
  • Monaco – safety score 92/100
  • Singapore – safety score 90/100
  • Japan – safety score 89/100
  • Switzerland – safety score 88/100

How to Compare Countries

Use the free comparison tool. Pick any two cities. See rent, food, and salary differences. Data updates every month.

Asia

  • Pakistan – $400–$700/month
  • India – $450–$800/month
  • Vietnam – $550–$900/month
  • Nepal – from $480/month

Europe

  • Georgia – $700–$1,000/month
  • Albania – from $750/month
  • Bulgaria – $800–$1,200/month
  • Romania – from $900/month

Americas

  • Bolivia – from $700/month
  • Colombia – $900–$1,400/month
  • Ecuador – from $800/month
  • Paraguay – very affordable

Explore More

Note: "Cheapest / Most Expensive / Digital Nomad / Retirement Countries" are in-page anchors for now. Swap them for dedicated routes (e.g. /countries/cheapest) once those pages exist.