Cheapest Countries to Live In
Belarus ranks #1 with a composite score of 92.4.
Top 5 Ranked
Belarus
92.4
Paraguay
91.9
Ukraine
91.6
Belarus
92.4
Paraguay
91.9
Ukraine
91.6
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 |
Belarus
|
92.4 |
| 2 |
Paraguay
|
91.9 |
| 3 |
Ukraine
|
91.6 |
| 4 |
Egypt
|
91.0 |
| 5 |
India
|
90.5 |
| 6 |
Kazakhstan
|
90.3 |
| 7 |
Brazil
|
90.3 |
| 8 |
Azerbaijan
|
90.2 |
| 9 |
Jordan
|
90.0 |
| 10 |
Algeria
|
89.5 |
| 11 |
Chile
|
89.4 |
| 12 |
Oman
|
89.2 |
| 13 |
Iraq
|
89.1 |
| 14 |
Georgia
|
88.6 |
| 15 |
Bangladesh
|
88.6 |
| 16 |
Colombia
|
88.5 |
| 17 |
Tunisia
|
88.2 |
| 18 |
Macedonia
|
88.1 |
| 19 |
Malaysia
|
87.8 |
| 20 |
Vietnam
|
87.2 |
| 21 |
Bosnia and Herzegovina
|
87.2 |
| 22 |
China
|
87.0 |
| 23 |
Thailand
|
86.9 |
| 24 |
Romania
|
86.6 |
| 25 |
Lebanon
|
86.6 |
| 26 |
Ecuador
|
86.5 |
| 27 |
Kuwait
|
86.3 |
| 28 |
Hungary
|
86.0 |
| 29 |
Saudi Arabia
|
86.0 |
| 30 |
Russia
|
85.9 |
| 31 |
Dominican Republic
|
85.8 |
| 32 |
Indonesia
|
85.6 |
| 33 |
Mauritius
|
85.5 |
| 34 |
Sri Lanka
|
85.5 |
| 35 |
Venezuela
|
85.2 |
| 36 |
Bulgaria
|
85.0 |
| 37 |
Iran
|
85.0 |
| 38 |
Morocco
|
84.9 |
| 39 |
Uzbekistan
|
84.8 |
| 40 |
Serbia
|
84.8 |
| 41 |
Peru
|
84.8 |
| 42 |
Nepal
|
84.5 |
| 43 |
Mexico
|
84.1 |
| 44 |
Japan
|
83.9 |
| 45 |
Pakistan
|
83.9 |
| 46 |
Slovakia
|
83.8 |
| 47 |
South Korea
|
83.6 |
| 48 |
Latvia
|
83.4 |
| 49 |
Philippines
|
83.3 |
| 50 |
Estonia
|
83.3 |
| 51 |
Armenia
|
83.2 |
| 52 |
Kyrgyzstan
|
83.0 |
| 53 |
Poland
|
82.4 |
| 54 |
Turkey
|
82.2 |
| 55 |
Ghana
|
82.0 |
| 56 |
Albania
|
82.0 |
| 57 |
Montenegro
|
82.0 |
| 58 |
Bahrain
|
81.7 |
| 59 |
Lithuania
|
81.6 |
| 60 |
Moldova
|
81.5 |
| 61 |
Trinidad and Tobago
|
81.3 |
| 62 |
South Africa
|
80.9 |
| 63 |
Czech Republic
|
80.6 |
| 64 |
Greece
|
80.2 |
| 65 |
Libya
|
80.0 |
| 66 |
Brunei
|
80.0 |
| 67 |
Slovenia
|
80.0 |
| 68 |
New Zealand
|
79.6 |
| 69 |
Jamaica
|
79.6 |
| 70 |
Croatia
|
79.5 |
| 71 |
Costa Rica
|
78.8 |
| 72 |
Spain
|
78.8 |
| 73 |
Uruguay
|
78.4 |
| 74 |
Portugal
|
78.3 |
| 75 |
Finland
|
77.7 |
| 76 |
Cyprus
|
77.5 |
| 77 |
Guatemala
|
77.4 |
| 78 |
Puerto Rico
|
76.7 |
| 79 |
Sweden
|
76.6 |
| 80 |
Panama
|
76.4 |
| 81 |
Qatar
|
76.4 |
| 82 |
United Arab Emirates
|
75.9 |
| 83 |
Canada
|
75.9 |
| 84 |
Australia
|
75.8 |
| 85 |
Italy
|
75.7 |
| 86 |
Germany
|
75.7 |
| 87 |
Malta
|
75.5 |
| 88 |
France
|
75.2 |
| 89 |
Belgium
|
74.2 |
| 90 |
United Kingdom
|
73.6 |
| 91 |
Austria
|
73.1 |
| 92 |
Norway
|
72.8 |
| 93 |
Cambodia
|
71.8 |
| 94 |
Nicaragua
|
71.2 |
| 95 |
Denmark
|
70.9 |
| 96 |
Yemen
|
69.7 |
| 97 |
Netherlands
|
69.4 |
| 98 |
Israel
|
68.9 |
| 99 |
Ireland
|
68.8 |
| 100 |
United States
|
68.7 |
| 101 |
Hong Kong
|
64.4 |
| 102 |
Kenya
|
62.7 |
| 103 |
Nigeria
|
61.0 |
| 104 |
Luxembourg
|
60.7 |
| 105 |
Cameroon
|
60.1 |
| 106 |
Iceland
|
53.3 |
| 107 |
Switzerland
|
52.9 |
| 108 |
Singapore
|
38.9 |
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
Source: CIA World Factbook, World Bank. Rankings are based on the most recent data available. Countries must have data for all metrics to be included.
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