Which country has the highest Monthly Cost Of Living (Living Cost)?

Monaco has the highest Monthly Cost Of Living (Living Cost) in 2026, at $6,776, followed by Cayman Islands ($3,795) and Switzerland ($3,270).

Which country has the lowest Monthly Cost Of Living (Living Cost)?

Egypt has the lowest Monthly Cost Of Living (Living Cost) in 2026, at $390.

What is the median Monthly Cost Of Living (Living Cost) across countries?

The median is $1,019 across the 196 countries with data in 2026.

Where does this cheapest countries to live in data come from?

Rankodex compiles it from World Population Review and the primary sources it cites: Cost of Living by Country - Living Cost; Cost of Living Index - Numbeo; Cost of Living - Country Rankings - Global Economy; Cost of Living Ranking by Country - Expatistan.

Country rankings

Cheapest Countries to Live in

Name: Cheapest Countries to Live in
Creator: Rankodex

Monaco has the highest Monthly Cost Of Living (Living Cost) in 2026 ($6,776), followed by Cayman Islands ($3,795) and Switzerland ($3,270). Egypt has the lowest ($390).

Economics206 countries · 2 metricsUpdated Sep 13, 2024Original page

4 sources

Showing

Year

196 of 235 countries

Compare this metric Add to combined ranking Open full map

Monthly Cost Of Living (Living Cost), 2026

Green is better, red is worse (lower is better). Click a place to highlight it.

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Ranking

Best first: the first 15 and last 5 of 196 countries.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median

$1,019

Middle half $724 – $1,344

Average

$1,166

196 countries

Lowest (best)

$390

Egypt

Highest (worst)

$6,776

Monaco

Over time · 2023–2026

The top 5 in 2026, against the median.

Median of all countries
Egypt
Pakistan
Libya
India
Bhutan

Data

Click a column to sort, a row to highlight that place on the charts.

206 countries · # = rank by Monthly Cost Of Living (Living Cost)

#
1	Egypt	$390	13.8
2	Pakistan	$401	12.4
2	Libya	$401	12.3
4	India	$409	12.4
5	Bhutan	$412	—
6	Bangladesh	$429	13.8
7	Algeria	$441	17.1
7	Afghanistan	$441	12.7
9	Central African Republic	$502	—
10	South Sudan	$506	—
10	Timor-Leste	$506	—
12	Eritrea	$508	—
13	Yemen	$514	32.0
14	Liberia	$515	—
15	Chad	$518	—
16	Kiribati	$526	—
17	Tunisia	$534	18.5
18	Eswatini	$540	—
19	Indonesia	$543	18.5
20	Malawi	$544	—
20	Haiti	$544	—
22	Iran	$549	16.2
23	Mali	$554	—
24	Papua New Guinea	$558	39.2
25	Sri Lanka	$563	22.0
26	Syria	$564	16.1
27	Madagascar	$574	15.8
28	Gambia	$578	—
29	Republic of the Congo	$582	42.4
30	Djibouti	$585	—
31	Philippines	$608	20.2
32	Ukraine	$619	19.2
33	Myanmar	$630	26.0
34	Vietnam	$637	19.1
34	Lesotho	$637	—
36	Uganda	$643	19.6
37	Mauritania	$652	—
38	Tanzania	$654	18.8
39	China	$663	21.5
40	Botswana	$669	21.0
41	Uzbekistan	$681	20.6
42	Ghana	$700	23.7
43	Somalia	$714	—
43	Tuvalu	$714	—
45	Belarus	$715	21.5
46	Kyrgyzstan	$717	20.4
47	Kenya	$721	19.5
47	Kazakhstan	$721	21.4
49	Bolivia	$723	19.0
50	Tajikistan	$724	19.8
51	Burundi	$735	—
52	Morocco	$736	21.1
52	Gabon	$736	—
54	Togo	$740	—
55	Paraguay	$751	20.3
56	Angola	$755	34.5
57	Nicaragua	$756	41.6
58	Nigeria	$761	25.5
59	North Macedonia	$769	23.2
60	Iraq	$783	19.0
61	Brazil	$787	20.5
61	Mauritius	$787	26.1
63	Azerbaijan	$788	21.3
63	Nauru	$788	—
65	Samoa	$789	—
66	Benin	$794	—
67	Bosnia and Herzegovina	$806	25.0
68	Cameroon	$816	31.1
69	Ecuador	$817	21.0
70	Malaysia	$818	22.9
71	Rwanda	$819	19.4
72	Cambodia	$832	23.7
73	Sudan	$838	—
73	Venezuela	$838	42.2
75	Guinea-Bissau	$856	—
76	Moldova	$858	26.4
77	Zimbabwe	$860	24.2
78	Peru	$862	23.6
79	Honduras	$865	25.7
80	Thailand	$882	27.2
81	Turkey	$891	27.6
82	Argentina	$894	28.3
83	Dominican Republic	$901	27.4
84	Fiji	$908	26.7
85	Suriname	$913	28.2
86	Zambia	$927	22.0
87	Colombia	$928	22.4
87	Jordan	$928	25.3
89	Mongolia	$935	25.1
90	Burkina Faso	$936	—
91	Georgia	$946	24.0
92	Mozambique	$954	25.9
92	Romania	$954	27.8
94	Namibia	$982	26.4
95	Laos	$984	—
95	Cape Verde	$984	29.6
97	Saint Vincent and the Grenadines	$996	—
98	Sao Tome and Principe	$1,011	—
99	Russia	$1,027	25.7
99	Taiwan	$1,027	33.9
99	Dominica	$1,027	—
102	Chile	$1,028	26.8
102	Guinea	$1,028	—
104	Tonga	$1,032	—
105	Guatemala	$1,033	29.5
106	Albania	$1,037	31.7
107	Belize	$1,038	32.0
108	Bulgaria	$1,048	28.0
109	DR Congo	$1,051	—
110	Montenegro	$1,062	31.0
111	South Korea	$1,074	41.3
112	Mexico	$1,075	31.5
113	Ethiopia	$1,081	31.3
114	Grenada	$1,083	49.4
115	Oman	$1,102	30.0
116	Japan	$1,109	32.8
117	Serbia	$1,112	29.5
118	South Africa	$1,116	26.4
119	Antigua and Barbuda	$1,119	—
120	Armenia	$1,120	29.5
121	Trinidad and Tobago	$1,138	35.2
122	Ivory Coast	$1,148	34.5
123	Niger	$1,151	—
124	Brunei	$1,152	33.6
125	Latvia	$1,157	34.3
126	El Salvador	$1,164	29.4
127	Palestine	$1,170	30.9
128	Palau	$1,174	—
129	Vatican City	$1,179	—
130	Saint Lucia	$1,194	—
131	Comoros	$1,196	—
132	Guyana	$1,215	39.0
133	Senegal	$1,223	35.5
134	Lithuania	$1,227	35.3
135	Equatorial Guinea	$1,241	—
136	Greece	$1,253	36.0
137	Bahrain	$1,256	35.9
138	Sierra Leone	$1,258	—
139	Saudi Arabia	$1,259	30.4
140	Hungary	$1,277	32.3
141	Cuba	$1,295	28.3
142	Lebanon	$1,315	34.4
143	San Marino	$1,324	—
144	Jamaica	$1,330	38.7
144	Barbados	$1,330	—
144	Saint Kitts and Nevis	$1,330	—
147	Maldives	$1,342	38.1
148	Slovakia	$1,348	35.2
149	Uruguay	$1,353	37.3
150	Poland	$1,367	34.4
151	Costa Rica	$1,402	38.3
152	Croatia	$1,410	37.1
153	Estonia	$1,425	40.5
154	Kuwait	$1,437	33.3
155	Portugal	$1,452	38.3
156	Panama	$1,456	35.6
157	Czechia	$1,478	38.6
158	Marshall Islands	$1,498	—
159	Solomon Islands	$1,501	65.4
160	Slovenia	$1,513	39.1
161	North Korea	$1,596	—
162	Italy	$1,624	43.1
163	Spain	$1,628	39.0
164	Cyprus	$1,631	44.6
165	Seychelles	$1,637	48.0
166	Finland	$1,644	48.0
167	Curacao	$1,659	—
168	Malta	$1,725	44.1
169	France	$1,737	47.5
170	Sweden	$1,758	47.8
171	Germany	$1,764	49.0
172	Belgium	$1,775	48.6
173	New Zealand	$1,823	45.0
174	Andorra	$1,835	45.2
175	Turkmenistan	$1,861	—
176	Canada	$2,005	48.9
177	Vanuatu	$2,032	—
178	Austria	$2,042	50.7
179	Qatar	$2,098	45.8
180	United Arab Emirates	$2,124	48.2
181	Denmark	$2,131	56.6
182	Israel	$2,360	58.0
183	Norway	$2,371	59.4
184	Netherlands	$2,377	57.9
185	United Kingdom	$2,399	51.9
186	Australia	$2,460	52.7
187	Liechtenstein	$2,507	—
188	United States	$2,522	56.3
189	Ireland	$2,744	58.7
190	Bahamas	$2,747	77.1
191	Luxembourg	$2,764	65.2
192	Iceland	$3,095	75.9
193	Singapore	$3,098	81.2
194	Switzerland	$3,270	84.3
195	Cayman Islands	$3,795	97.9
196	Monaco	$6,776	—
—	Nepal	—	13.8
—	Hong Kong	—	69.8
—	Puerto Rico	—	44.3
—	Macau	—	46.3
—	Jersey	—	72.5
—	Isle of Man	—	55.7
—	United States Virgin Islands	—	82.5
—	Guernsey	—	65.3
—	Bermuda	—	123.5
—	Gibraltar	—	63.9

What correlates with Monthly Cost Of Living (Living Cost) (2026)?

Pearson r against 1,401 other country metrics sharing at least 118 countries. Correlation is not causation.

Higher together

Places that have a higher Monthly Cost Of Living (Living Cost) tend to score higher on these

Restaurant Price IndexCost of Living by Country
r = +0.91 · very strong · n = 129
Plot
Consumer Spending per CapitaConsumer Spending by Country
r = +0.89 · very strong · n = 138
Plot
GDP per Capita - World BankGDP per Capita by Country
r = +0.89 · very strong · n = 174
Plot
Cost of Living Index (Numbeo)Cost of Living by Country
r = +0.89 · very strong · n = 130
Plot
GDP per AdultAverage Net Worth by Country
r = +0.88 · very strong · n = 195
Plot
GDP per Person (US$)Economic Indicators by Country (World Bank)
r = +0.88 · very strong · n = 179
Plot

Opposite directions

Places that have a higher Monthly Cost Of Living (Living Cost) tend to score lower on these

Failed States IndexFailed States
r = −0.73 · very strong · n = 176
Plot
Fragile States Index
r = −0.72 · very strong · n = 177
Plot
RichAds 2024Tier 1 Countries
r = −0.69 · strong · n = 133
Plot
EconomyFailed States
r = −0.68 · strong · n = 176
Plot
Individuals Making Under $10kWealth Inequality by Country
r = −0.68 · strong · n = 168
Plot
Vulnerability ScoreGlobal Slavery Index by Country
r = −0.68 · strong · n = 156
Plot

Quick answers

Which country has the highest Monthly Cost Of Living (Living Cost)?: Monaco has the highest Monthly Cost Of Living (Living Cost) in 2026, at $6,776, followed by Cayman Islands ($3,795) and Switzerland ($3,270).
Which country has the lowest Monthly Cost Of Living (Living Cost)?: Egypt has the lowest Monthly Cost Of Living (Living Cost) in 2026, at $390.
What is the median Monthly Cost Of Living (Living Cost) across countries?: The median is $1,019 across the 196 countries with data in 2026.
Where does this cheapest countries to live in data come from?: Rankodex compiles it from World Population Review and the primary sources it cites: Cost of Living by Country - Living Cost; Cost of Living Index - Numbeo; Cost of Living - Country Rankings - Global Economy; Cost of Living Ranking by Country - Expatistan.