Filenews 5 December 2024
The 53 cheapest and most expensive countries to live in were revealed, with an Asian country coming in at the top and a North American country at the opposite. Cyprus ranks 38th with the cheapest countries out of a total of 53 countries that participated in the survey.
The table has been compiled by Switzerland-based guide InterNations based on an expatriate survey in which respondents were asked about satisfaction with their financial situation and whether a disposable household income is enough to live a comfortable life.
The cheapest country to live in
Vietnam tops the list as the cheapest country for the third time in a row, with one American living there telling InterNations: "People are very friendly and the cost of living is very low."
More than four in five (86%) living in Vietnam are happy with the country's cost of living, while 68% say their disposable family income is more than enough to live a comfortable life.
Overall, 65% of expats say they are satisfied with their economic situation in Vietnam and this is not only due to the low cost of living. Just under one in five in Vietnam say they earn $150,000 a year.
In second place is Colombia and in third place is Indonesia. In the middle and specifically in 24th place is Greece.
The most expensive country to live in
The least cheap countries to live in are Canada (53rd), Finland (52nd) and the United Kingdom (51st).
Last of the 53 countries is Canada, where a Spaniard living permanently reveals to InterNations: "The cost of living is insanely expensive. Going out to eat or drink seems like a luxury."
More than half (53%) say their disposable income is not enough to live a comfortable life in Canada.
The country is described as expensive by 66% of people living there, while more than a quarter of foreign residents (26%) say their economic situation is "very bad".
The 53 cheapest and most expensive countries to live in:
1.Vietnam
2.Colombia
3.Indonesia
4.Panama
5.Philippines
6.India
7.Mexico
8.Thailand
9.Brazil
10.China
11.Malaysia
12.Oman
13.Portugal
14.Spain
15.South Korea
16.Egypt
17.Kenya
18.South Africa
19.Poland
20.Austria
21.Saudi Arabia
22.Czech Republic
23.Belgium
24.Greece
25.Chile
26.Costa Rica
27.Hungary
28.Hong Kong
29.Japan
30.Italy
31.France
32.Denmark
33.UAE
34.Netherlands
35.Luxembourg
36.Malta
37.Germany
38.Cyprus
39.Switzerland
40.Australia
41.USA
42.Sweden
43.Qatar
44.Kuwait
45.Turkey
46.Bahrain
47.New Zealand
48.Singapore
49.Norway
50.Ireland
51.United Kingdom
52.Finland
53.Canada
