Country rankings

Cheapest European Countries

Switzerland has the highest Cost of Living Plus Rent Index in 2025 (74.8), followed by Iceland (65.9) and Guernsey (57.1). Russia has the lowest (15.8).

Economics42 countries · 6 metricsUpdated Feb 13, 2025Original page
10 sources
40 of 235 countries
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Cost of Living Plus Rent Index, 2025

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

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All 40 ranked

Best first.

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
33.2
Middle half 26.5 – 42.7
Average
35.7
40 countries
Lowest (best)
15.8
Russia
Highest (worst)
74.8
Switzerland

Biggest changes · 2024 → 2025

39 countries have a value in both years.

Improved most

Declined most

Data

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

40 countries · # = rank by Cost of Living Plus Rent Index
#
1Russia15.822.37.5
2Ukraine17.124.67.8
3Belarus17.825.08.7
4North Macedonia19.930.36.8
5Bosnia and Herzegovina20.331.66.1
6Moldova22.730.812.6
7Romania23.234.09.6
8Bulgaria24.235.410.1
9Hungary25.336.611.1
10Serbia25.435.912.2
11Montenegro26.836.314.9
12Albania27.439.911.7
13Latvia28.643.410.0
14Poland28.838.916.1
15Slovakia29.742.114.1
16Croatia30.543.214.5
17Lithuania30.944.014.4
18Greece31.146.511.8
19Czechia31.542.617.6
20Portugal32.841.222.2
21Spain33.643.521.2
22Estonia33.849.414.1
23Slovenia34.146.218.9
24Italy36.351.017.7
25Malta37.148.023.3
26Sweden38.754.219.1
27Belgium40.156.519.3
28France41.058.019.4
29Finland41.158.719.1
30Germany42.458.422.4
31Austria43.660.722.0
32United Kingdom46.359.230.0
33Netherlands47.960.532.1
34Denmark48.666.925.7
35Norway49.469.024.8
36Ireland50.659.839.0
37Luxembourg54.864.842.2
38Guernsey57.166.145.7
39Iceland65.983.443.7
40Switzerland74.898.445.2

What correlates with Cost of Living Plus Rent Index (2025)?

Pearson r against 1,950 other country metrics sharing at least 24 countries, 1 near-identical series hidden. Correlation is not causation.

Higher together

Places that have a higher Cost of Living Plus Rent Index tend to score higher on these

  1. Cost of Living Index (Numbeo)Cost of Living by Country
    r = +0.98 · very strong · n = 39
    Plot
  2. Monthly Cost Of Living (Living Cost)Cost of Living by Country
    r = +0.97 · very strong · n = 39
    Plot
  3. Groceries IndexCost of Living by Country
    r = +0.97 · very strong · n = 39
    Plot
  4. Price Level (US = 100)Economic Indicators by Country (World Bank)
    r = +0.97 · very strong · n = 39
    Plot
  5. Restaurant Price IndexCost of Living by Country
    r = +0.96 · very strong · n = 39
    Plot
  6. Cost of Living Score (lower is better)Best Country to Live in Europe
    r = +0.96 · very strong · n = 33
    Plot

Opposite directions

Places that have a higher Cost of Living Plus Rent Index tend to score lower on these

  1. Slavery PrevalenceGlobal Slavery Index by Country
    r = −0.84 · very strong · n = 35
    Plot
  2. Estimated Slavery RateCountries that Still Have Slavery
    r = −0.84 · very strong · n = 35
    Plot
  3. Failed States IndexFailed States
    r = −0.83 · very strong · n = 38
    Plot
  4. Fragile States Index
    r = −0.83 · very strong · n = 39
    Plot
  5. Autism Rate - FemaleAutism Rates by Country
    r = −0.82 · very strong · n = 39
    Plot
  6. Hypertension Crude Prevalence Females 30-79Hypertension Rates by Country
    r = −0.82 · very strong · n = 39
    Plot

Quick answers

Which country has the highest Cost of Living Plus Rent Index?
Switzerland has the highest Cost of Living Plus Rent Index in 2025, at 74.8, followed by Iceland (65.9) and Guernsey (57.1).
Which country has the lowest Cost of Living Plus Rent Index?
Russia has the lowest Cost of Living Plus Rent Index in 2025, at 15.8.
What is the median Cost of Living Plus Rent Index across countries?
The median is 33.2 across the 40 countries with data in 2025.
Where does this cheapest european countries data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Europe: Cost of Living Index by Country 2025 - Numbeo; Cheapest Countries to Live in Europe - Check in Price; 13 Top Cheapest European Countries to Visit - PlanetWare; 12 of the cheapest countries in Europe you can travel to - Contiki.