Rankings · The Cheapest Countries to Live In
The Cheapest Countries to Live In
Ranked by Numbeo's crowd-sourced cost-of-living index, where New York City = 100. It covers groceries, restaurants, transport and utilities; rent is a separate index. Cheap on this list says nothing about wages, visas or whether you'd actually want to live there; it measures prices, full stop.
In the latest Numbeo Cost of Living Index 2026 (NYC = 100) data, Libya leads at 18.3, ahead of India and Pakistan.
Numbeo Cost of Living Index 2026 (NYC = 100) · 143 countries covered
Quick answers
What is the cheapest country to live in in the world?
Libya has the lowest cost-of-living index at 18.3. Source: Numbeo Cost of Living Index 2026 (NYC = 100). 143 countries are covered; the full ranked table is on this page.
What is the cheapest country to live in in Europe?
Ukraine has the lowest cost-of-living index in Europe at 28.2, ranked #22 worldwide. Source: Numbeo Cost of Living Index 2026 (NYC = 100).
Full ranking · 143 countries
Show all 143 countries ↓
Cheapest Countries to Live In — Europe
Top 10 of 42 ranked Europe countries; world rank in the left column.
Cheapest Countries to Live In — Asia
Top 10 of 41 ranked Asia countries; world rank in the left column.
Cheapest Countries to Live In — North America
Top 10 of 16 ranked North America countries; world rank in the left column.
Cheapest Countries to Live In — South America
Top 10 of 12 ranked South America countries; world rank in the left column.
Cheapest Countries to Live In — Africa
Top 10 of 27 ranked Africa countries; world rank in the left column.
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