Living Costs Across The World 2024: From Affordable to Expensive

By Rajni Pandey | June 18, 2024

Cost of Living 2024

Explore the cost of living in different countries. This list, based on data from LivingCost.org, ranks nations by monthly expenses, offering key insights for travelers and those considering relocation.

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Pakistan (INR 29.9K)

Pakistan has one of the lowest living costs, influenced by its developing economy and lower cost of basic goods and services.

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Nepal (INR 32.8K)

Nepal, known for its natural beauty, has a low cost of living, making it affordable for both locals and expatriates.

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Bangladesh (INR 35.3K)

Bangladesh offers a low cost of living, driven by its developing economy and lower average wages compared to neighboring countries.

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India (INR 36.9K)

India’s living costs are among the lowest, with a vast range between urban centers and rural regions, reflecting its diverse economy.

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Russia (INR 54.5K)

Russia’s living costs are relatively lower, with significant differences between the metropolitan areas like Moscow and the countryside.

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China (INR 56.8K)

China, with its rapidly growing economy, offers moderate living costs, varying greatly between urban and rural areas.

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Japan (INR 91.7K)

Japan’s living costs are high due to its advanced infrastructure and technology, particularly in cities like Tokyo and Osaka.

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South Korea (INR 93.5K)

South Korea balances modernity and tradition, with moderate living costs that reflect its advanced technology and urbanization.

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UAE (INR 159K)

The UAE, known for its luxury and opulence, has high living costs, driven by its tax-free income policy and a booming expatriate community.

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Canada (INR 171K)

With its high quality of life and excellent public services, Canada’s living costs are relatively high, influenced by its strong economy and social benefits.

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Australia (INR 192K)

Australia offers a laid-back lifestyle and high living standards, leading to substantial living costs, particularly in cities like Sydney and Melbourne.

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USA (INR 203K)

The USA, with its diverse culture and advanced economy, has significant living costs, especially in major cities like New York and San Francisco.

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Switzerland (INR 242K)

Known for its stunning landscapes and strong economy, Switzerland's living costs are among the highest due to its excellent public services and high wages.

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Singapore (INR 251K)

Singapore, a global financial hub, offers a high quality of life with its advanced infrastructure and robust economy, reflected in its high living costs.

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