Cheapest Countries to Live In
India ranks #1 with a composite score of 94.4.
Top 5 Ranked
India
94.4
Iraq
92.5
Bolivia
92.0
India
94.4
Iraq
92.5
Bolivia
92.0
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
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
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