Cheapest Countries To Live in 2021

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The cost of living is the money needed to sustain a certain comfort level in a location. The cost of living covers basics like housing, groceries, taxes, and healthcare.

Some countries have a very high cost of living, particularly in areas surrounding large cities. For example, in the United States, cities like New York and San Francisco have a very high cost of living, while areas such as rural Mississippi, Kansas, or Oklahoma may be notably more affordable. Moreover, no matter where in the U.S. (or the world) one lives, costs may be lower still—or even higher—in another country. Some nations have a very low cost of living, which can make them attractive destinations for ex-pats, retirees, and others interested in reducing their expenses.

As a rule, cost of living computations start by recording the cost of various needs, from rent/mortgage and health care to a loaf of bread, in a given city. Those costs are then compared to the price of the same necessities in a baseline city, such as New York City, U.S.A. or Prague in the Czech Republic. Finally, the numbers for each region in a given country are averaged to enable nation-to-nation comparisons.

Every source adds its own spin on the math, which results in slightly different lists.

Top 10 Cheapest Countries to Live In (in monthly US$) - Living Cost

  1. Afghanistan - $354
  2. Pakistan - $370
  3. India - $423
  4. Tunisia - $424
  5. Sri Lanka - $428
  6. Kyrgyzstan - $430
  7. Algeria - $431
  8. Syria - $435
  9. Nepal - $439
  10. Turkey - $447

Top 10 Cheapest Countries to Live In (New York City, USA = 100) - Numbeo

  1. Pakistan - 13.87
  2. India - 15.84
  3. Afghanistan - 16.54
  4. Nepal - 17.01
  5. Algeria - 17.34
  6. Syria - 17.83
  7. Tunisia - 18.15
  8. Egypt - 18.43
  9. Kosovo (territory) - 19.00
  10. Uzbekistan - 19.02

Top 10 Cheapest Countries to Live In (Global average = 100) - Global Economy

  1. Egypt - 27.37
  2. Ukraine - 37.76
  3. Sudan - 38.29
  4. Kyrgyzstan - 40.38
  5. Azerbaijan - 40.56
  6. Burma - 41.08
  7. Sierra Leone - 41.32
  8. Nepal - 41.85
  9. India - 42.86
  10. Tajikistan - 43.51

For the full list of countries and their scores, see the table below. Or, to explore the opposite end of the spectrum, take a look at the most expensive countries to live in.

Cheapest Countries To Live in 2021

Country Cost of Living (Monthly US$) - LivingCost Cost of Living w Rent (NYC=100) - Numbeo
Hong Kong-79.31
Puerto Rico-45.89
Bermuda-126.71
Afghanistan$35416.54
Pakistan$37013.87
India$42315.84
Tunisia$42418.15
Sri Lanka$42820.23
Kyrgyzstan$430
Algeria$43117.34
Syria$43517.83
Nepal$43917.01
Turkey$44720.49
Egypt$44918.43
Tajikistan$450
Kazakhstan$46820.35
Argentina$49422.83
Belarus$50421.69
Kiribati$511
Azerbaijan$51320.23
Sudan$517
South Sudan$519
Gambia$520
Bangladesh$52119.94
Uzbekistan$52919.02
Papua New Guinea$530
Haiti$531
Moldova$53720.64
Central African Republic$538
Georgia$53819.81
Eritrea$538
Chad$540
Ukraine$54222.12
Liberia$544
Paraguay$54621.45
Indonesia$54823.91
Djibouti$548
North Macedonia$55320.7
Madagascar$555
Yemen$55930.75
Mali$560
Burundi$560
Libya$56035.25
Bhutan$569
Ethiopia$57433.84
Colombia$57419.09
Nauru$584
Gabon$587
Comoros$589
Armenia$59223.22
Bosnia And Herzegovina$599
Brazil$60123.65
Philippines$60125.83
Mongolia$60322.78
Uganda$60421.36
Albania$60824.25
Tuvalu$608
Peru$63022.95
Rwanda$63325.34
Nicaragua$63326.48
Vietnam$63926.29
Morocco$64423.68
Mauritius$65130.9
Malaysia$65224.99
Romania$65224.8
Kenya$65423.87
Bulgaria$65425.2
Russia$65626.83
Venezuela$65729.73
Malawi$666
Botswana$66627.37
Iran$66829.58
Togo$669
Zambia$67621.63
Mexico$67826.43
Cameroon$68825.49
Cambodia$69232.49
Lesotho$694
Ghana$70130.46
Iraq$71024.59
Dominican Republic$71127.15
Serbia$71124.73
Eswatini$711
Guinea Bissau$712
Suriname$71431.56
Montenegro$72026.95
Benin$731
Sierra Leone$745
DR Congo$748
Bolivia$75024.1
China$75229.91
Ecuador$75626.42
Tanzania$76024.2
Honduras$76527.14
Fiji$77332.42
Mauritania$781
Cape Verde$797
Burkina Faso$799
Guyana$80330.78
Somalia$81121.22
El Salvador$81630.18
Hungary$81728.62
Jamaica$82935.87
Thailand$83131.11
Jordan$85031.97
Costa Rica$85233.32
Dominica$856
Guatemala$85731.34
Myanmar$86428.8
Lithuania$86931.56
Guinea$877
Cuba$88037.31
Sao Tome And Principe$880
Poland$88231.4
Laos$888
Belize$88932.74
Angola$896
Chile$90533.06
Nigeria$91631.59
Namibia$921
Uruguay$92933.7
Zimbabwe$93529.82
Palestine$93735.52
Latvia$93833.06
Niger$950
Saudi Arabia$95232.44
South Africa$97432.19
Trinidad And Tobago$979
Slovakia$99033.53
Croatia$1,00136.36
Mozambique$1,006
Greece$1,00837.52
Ivory Coast$1,01037.58
Czech Republic$1,01434.59
Tonga$1,035
Portugal$1,03837.38
Estonia$1,04036.24
Palau$1,040
Taiwan$1,05743.15
Oman$1,08634.93
Panama$1,09239.25
Samoa$1,109
Grenada$1,128
Turkmenistan$1,141
Senegal$1,14437.97
Saint Kitts And Nevis$1,145
Brunei$1,152
Saint Lucia$1,153
South Korea$1,15451.84
Bahrain$1,16544.7
San Marino$1,168
Slovenia$1,17538.96
Equatorial Guinea$1,185
Solomon Islands$1,222
Curacao$1,222
Andorra$1,232
Barbados$1,25861.17
Spain$1,26041.16
Cyprus$1,26643.76
Maldives$1,28847.65
Kuwait$1,32641.57
Italy$1,35947.84
Japan$1,37056.58
Lebanon$1,41149.46
Germany$1,41450.16
Marshall Islands$1,464
Antigua And Barbuda$1,465
Belgium$1,49553.35
Sweden$1,51553.55
France$1,51954.22
Malta$1,51954.47
Finland$1,53653.89
North Korea$1,540
United Arab Emirates$1,57649.81
Austria$1,61753.82
Canada$1,70154.62
Bahamas$1,71561.51
Seychelles$1,72555.76
Israel$1,77460.63
Netherlands$1,77860.1
New Zealand$1,78257.56
Vanuatu$1,829
Denmark$1,83763.53
Qatar$1,85655.93
United Kingdom$1,92953.24
Australia$1,94461.28
United States$1,95157.6
Norway$2,07472.72
Luxembourg$2,16375.53
Singapore$2,16974.46
Iceland$2,20775.12
Liechtenstein$2,306
Ireland$2,31663.18
Switzerland$2,49792.59
Cayman Islands$2,844
Monaco$3,743

Cheapest Countries To Live in 2021