Cheapest Countries to Live In

India ranks #1 with a composite score of 94.4.

Top 5 Ranked

India

94.4

2

Iraq

92.5

3

Bolivia

92.0

4 Egypt
5 Jordan

Overview

The cheapest livable countries tend to be in Southeast Asia, Eastern Europe, and parts of Latin America. These countries combine low costs with adequate infrastructure for a comfortable life. Some of the world's absolute cheapest countries fall lower in this ranking because they lack reliable water, electricity, or internet access.

Global Rankings

Rank Country Score
1
India
94.4
2
Iraq
92.5
3
Bolivia
92.0
4
Egypt
91.3
5
Jordan
91.0
6
Bangladesh
90.7
7
Belarus
90.6
8
Azerbaijan
90.3
9
Chile
89.9
10
Uzbekistan
89.8
11
Kyrgyzstan
89.6
12
China
89.5
13
Brazil
89.5
14
Paraguay
89.2
15
Vietnam
89.1
16
Macedonia
88.9
17
Romania
88.5
18
Algeria
88.4
19
Morocco
88.1
20
Thailand
88.0
21
Kazakhstan
87.6
22
Peru
87.4
23
Tunisia
87.3
24
Philippines
87.3
25
Iran
87.2
26
Malaysia
87.1
27
Pakistan
87.1
28
Dominican Republic
87.0
29
Ukraine
86.7
30
Bosnia and Herzegovina
86.6
31
Bulgaria
86.6
32
Kuwait
86.4
33
Nepal
86.3
34
Indonesia
86.2
35
Georgia
86.0
36
Ecuador
85.9
37
Libya
85.6
38
Mauritius
85.3
39
Japan
85.3
40
Latvia
85.3
41
Hungary
85.1
42
Serbia
85.1
43
Mexico
85.0
44
Russia
84.9
45
Venezuela
84.7
46
Lithuania
84.3
47
Slovakia
84.2
48
Montenegro
84.1
49
Sri Lanka
84.1
50
Oman
84.0
51
Armenia
83.8
52
Argentina
83.7
53
Tajikistan
83.5
54
Moldova
83.4
55
Turkey
83.4
56
Estonia
83.3
57
Syria
83.1
58
Ghana
82.7
59
Albania
82.5
60
Greece
82.3
61
Bahrain
82.0
62
Croatia
81.8
63
Saudi Arabia
81.8
64
Czech Republic
81.4
65
South Korea
81.1
66
Slovenia
80.8
67
Colombia
80.8
68
Brunei
80.6
69
Uruguay
80.4
70
Poland
80.1
71
Maldives
80.1
72
New Zealand
79.7
73
Portugal
79.7
74
Spain
79.7
75
Costa Rica
79.6
76
Trinidad and Tobago
79.4
77
Sweden
78.9
78
Qatar
78.9
79
Cyprus
78.7
80
Panama
78.2
81
South Africa
78.1
82
Finland
78.0
83
United Arab Emirates
78.0
84
Italy
77.7
85
Germany
77.4
86
Malta
76.9
87
Cambodia
76.8
88
France
76.5
89
Guatemala
76.4
90
Canada
75.8
91
Puerto Rico
75.4
92
Belgium
75.4
93
Austria
75.2
94
Lebanon
74.9
95
Nicaragua
74.2
96
Australia
73.5
97
United Kingdom
73.1
98
Jamaica
73.0
99
Denmark
71.7
100
Netherlands
71.0
101
Ireland
70.5
102
Nigeria
69.6
103
United States
69.1
104
Norway
68.3
105
Luxembourg
65.7
106
Kenya
65.3
107
Hong Kong
64.5
108
Israel
62.7
109
Cameroon
62.1
110
Zimbabwe
60.3
111
Zambia
57.7
112
Switzerland
56.9
113
Tanzania
55.7
114
Iceland
53.8
115
Singapore
39.3

Cheap vs. Livable: Why This Ranking Is Different

A raw cost ranking would place some of the world's least developed countries at the top. This ranking weights cost at 60% but also requires infrastructure: drinking water (15%), electricity (15%), and internet access (10%). This means a country that is very cheap but lacks running water will rank lower than a slightly more expensive country with full infrastructure. The result is a practical guide to affordable countries where you can actually live comfortably.

Metric Weights

Cost Index 60%
Water Access 15%
Electricity Access 15%
Internet Access 10%

Rankings use each country's most recent figures; countries need data for every metric to be included. Sources: World Bank (2016–2025), The World Factbook (2020–2022), MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this