Cost of Living by Country 2026: Prices Rose in 128 of 142 Countries Over the Past Year

Cost of living by country for mid-2026: the most expensive and cheapest nations, the biggest changes over the year and official inflation, with charts.

Share this article

Featured photo: A grocery store aisle in Uptown New Orleans (file photo). Photo: Infrogmation of New Orleans, Wikimedia Commons, CC BY-SA 4.0.
128 of 142
countries got more expensive
+6.9%
median change over the year
135.8
Bermuda, the most expensive (NYC = 100)
No. 22
United States, index 69.7

Everyday living costs rose in 128 of the 142 countries ranked by Numbeo in both mid-2025 and mid-2026, with a median increase of 6.9% (Boston Report calculation).[1][2] Bermuda, the Cayman Islands and Switzerland top the mid-2026 list, while India, Libya and Nigeria are the least expensive.[1]

Related: Consumer Prices Rose 0.4% in October as Food Costs Jumped.

How the index works

Numbeo’s Cost of Living Index compares the price of everyday goods and services, including groceries, dining out, transportation and utilities, with New York City, which is set at 100.[3] It leaves out rent, which has its own index.[3] A score of 120 means everyday costs about 20% above New York; a score of 50 means about half.[3]

Advertisement

Because every country is measured against New York, a score can move with exchange rates against the U.S. dollar as well as with local prices (Boston Report analysis).

The most expensive countries

Six countries and territories score above New York City: Bermuda at 135.8, the Cayman Islands at 119.9, Switzerland at 109.8, and the Solomon Islands, Turkmenistan and the Bahamas just above 100.[1] Iceland, Jersey, Singapore, Israel and Norway follow, all above 85.[1]

The 15 most expensive countries

Numbeo Cost of Living Index, mid-2026 (New York City = 100, excludes rent)
Bermuda

135.8

Cayman Islands

119.9

Switzerland

109.8

Solomon Islands

104.1

Turkmenistan

101.6

Bahamas

101.3

Iceland

97.6

Jersey

91.1

Singapore

90.8

Israel

89.6

Norway

85.5

Luxembourg

78.6

Denmark

78.6

Isle of Man

77.9

Hong Kong (China)

76.4

Source: Numbeo.[1]

The United States ranks 22nd at 69.7, up from 64.8 a year earlier.[1][2] That is a 7.6% rise (Boston Report calculation). Its rent index fell from 41.3 to 37.1 over the same period, and its purchasing power score of 144.5 is among the highest in the ranking.[1][2]

Where costs changed most

Paraguay posted the largest rise, 40.4%, followed by Israel at 28.7%, Belarus at 27.7% and Colombia at 27.1% (Boston Report calculation).[1][2] Israel’s jump took it from 69.6 to 89.6, into the top 10.[1][2]

Only 14 countries became cheaper by this measure. Papua New Guinea fell 27.0%, Botswana 24.0% and Nigeria 21.4%, while South Korea dropped 9.1% and Japan 2.7%.[1][2]

Biggest rises and falls over the year

Change in Numbeo Cost of Living Index, mid-2025 to mid-2026 (Boston Report calculation)
RoseFell
Paraguay (22.8 → 32.0)

+40.4%

Israel (69.6 → 89.6)

+28.7%

Belarus (25.3 → 32.3)

+27.7%

Colombia (28.0 → 35.6)

+27.1%

Lebanon (40.5 → 49.8)

+23.0%

Kazakhstan (26.6 → 32.7)

+22.9%

Ghana (31.1 → 38.1)

+22.5%

South Africa (32.0 → 38.9)

+21.6%

Papua New Guinea (65.6 → 47.9)
-27.0%

Botswana (41.7 → 31.7)
-24.0%

Nigeria (25.7 → 20.2)
-21.4%

Rwanda (29.7 → 26.5)
-10.8%

South Korea (62.4 → 56.7)
-9.1%

India (19.0 → 18.1)
-4.7%

Sri Lanka (32.5 → 31.3)
-3.7%

Nepal (22.7 → 21.9)
-3.5%

Countries listed in both editions. Sources: Numbeo.[1][2]

The world’s major economies

Among large economies, Australia rose 13.3% and Mexico 18.1%, while Canada barely moved at 1.0% (Boston Report calculation).[1][2] The United Kingdom rose 6.2%, Germany 5.1% and China 4.4%.[1][2]

Major economies, a year apart

Numbeo Cost of Living Index (New York City = 100)
Mid-2026Mid-2025
Switzerland

109.8 Mid-2026

106.8 Mid-2025

Singapore

90.8 Mid-2026

85.3 Mid-2025

Israel

89.6 Mid-2026

69.6 Mid-2025

Australia

71.4 Mid-2026

63.0 Mid-2025

United States

69.7 Mid-2026

64.8 Mid-2025

United Kingdom

68.2 Mid-2026

64.2 Mid-2025

Germany

68.0 Mid-2026

64.7 Mid-2025

France

66.9 Mid-2026

64.4 Mid-2025

Canada

61.3 Mid-2026

60.7 Mid-2025

Italy

61.3 Mid-2026

57.2 Mid-2025

South Korea

56.7 Mid-2026

62.4 Mid-2025

Japan

47.6 Mid-2026

48.9 Mid-2025

Mexico

44.4 Mid-2026

37.6 Mid-2025

Brazil

33.1 Mid-2026

28.6 Mid-2025

China

30.7 Mid-2026

29.4 Mid-2025

India

18.1 Mid-2026

19.0 Mid-2025

Sources: Numbeo.[1][2]

What official inflation shows

Official consumer price data tell a different story in some places, because they measure prices in local currency. Turkey’s consumer prices rose 34.9% in 2025 and Nigeria’s 23.0%, while China’s rose 0.1% and Switzerland’s 0.2%.[4]

Advertisement

Official inflation in 2025

Annual change in consumer prices, in local currency, selected countries
Turkey

34.9%

Nigeria

23.0%

Egypt

14.1%

Russia

8.7%

Brazil

5.0%

United Kingdom

3.9%

Mexico

3.8%

South Africa

3.2%

Japan

3.2%

Australia

2.9%

India

2.4%

Germany

2.2%

South Korea

2.1%

Canada

2.1%

Italy

1.5%

France

0.9%

Switzerland

0.2%

China

0.1%

Source: World Bank.[4]

Nigeria shows how the two measures can split. Its official inflation was among the highest in the world in 2025, yet its Numbeo score fell over the year, a gap consistent with a weaker currency against the dollar (Boston Report analysis).[4][1][2]

Full table: cost of living by country

Search for any country, or sort by any column. Rent, groceries and purchasing power are also Numbeo indexes against New York City; higher purchasing power means local salaries buy more.[3][1]

152 countries. Select a column heading to sort.
Country Index mid-2026 Mid-2025 Change Rent Groceries Purchasing power
Bermuda 135.8 — — 105.9 149.0 104.3
Cayman Islands 119.9 108.2 +10.8% 74.1 126.9 144.9
Switzerland 109.8 106.8 +2.8% 47.9 109.5 165.7
Solomon Islands 104.1 — — 20.2 66.8 13.2
Turkmenistan 101.6 — — 23.9 116.3 18.5
Bahamas 101.3 85.4 +18.6% 48.5 102.5 58.5
Iceland 97.6 94.5 +3.3% 47.7 106.3 113.6
Jersey 91.1 — — 48.5 80.1 101.8
Singapore 90.8 85.3 +6.4% 68.3 84.9 91.3
Israel 89.6 69.6 +28.7% 35.2 86.4 115.0
Norway 85.5 78.9 +8.4% 28.2 89.4 123.2
Luxembourg 78.6 73.5 +6.9% 47.1 78.1 155.1
Denmark 78.6 74.1 +6.1% 26.6 74.3 141.2
Isle of Man 77.9 68.6 +13.6% 31.6 71.5 96.6
Hong Kong (China) 76.4 72.2 +5.8% 59.1 76.2 85.0
Netherlands 73.0 68.1 +7.2% 35.9 67.4 124.3
Guernsey 72.8 70.2 +3.7% 54.7 77.1 146.9
Australia 71.4 63.0 +13.3% 33.1 82.2 134.8
Gibraltar 70.9 — — 50.9 63.8 83.3
Ireland 70.8 66.6 +6.3% 41.4 70.6 113.0
Austria 70.8 67.6 +4.7% 23.8 72.1 114.2
United States 69.7 64.8 +7.6% 37.1 76.4 144.5
Finland 68.5 64.5 +6.2% 20.1 69.3 119.8
Belgium 68.3 63.6 +7.4% 22.0 68.1 117.1
United Kingdom 68.2 64.2 +6.2% 30.1 64.8 118.2
Germany 68.0 64.7 +5.1% 22.0 64.6 130.0
Seychelles 67.7 — — 26.8 76.8 31.5
France 66.9 64.4 +3.9% 20.6 73.8 113.3
Sweden 65.5 62.8 +4.3% 20.1 67.5 128.6
Puerto Rico 65.0 59.8 +8.7% 23.0 72.0 109.9
Macao (China) 64.0 56.0 +14.3% 27.3 81.7 78.8
Canada 61.3 60.7 +1.0% 29.1 69.2 114.8
Italy 61.3 57.2 +7.2% 18.9 63.8 85.5
New Zealand 60.2 59.3 +1.5% 24.6 67.5 119.4
Estonia 59.4 55.9 +6.3% 15.2 55.3 88.7
Jamaica 58.1 50.1 +16.0% 18.5 68.6 34.6
Cyprus 57.4 55.2 +4.0% 24.6 54.5 81.3
Yemen 57.1 50.1 +14.0% 6.2 74.7 16.6
Malta 56.9 53.1 +7.2% 27.2 57.2 76.6
Costa Rica 56.8 50.3 +12.9% 21.1 65.4 49.1
South Korea 56.7 62.4 -9.1% 13.6 72.2 101.7
United Arab Emirates 55.6 53.4 +4.1% 36.3 45.4 113.4
Trinidad and Tobago 54.4 49.4 +10.1% 14.1 57.4 42.7
Uruguay 54.0 51.3 +5.3% 14.4 54.2 56.8
Greece 53.3 51.0 +4.5% 12.9 51.7 62.3
Slovenia 53.2 50.6 +5.1% 18.2 52.7 87.0
Guyana 53.0 46.9 +13.0% 24.4 68.4 47.9
Czech Republic 52.0 48.2 +7.9% 19.1 50.7 89.2
Spain 51.4 48.6 +5.8% 22.3 51.9 96.8
Latvia 51.3 49.0 +4.7% 10.7 48.4 74.1
Croatia 51.3 48.6 +5.6% 16.1 49.7 82.0
Democratic Republic of the Congo 50.8 46.5 +9.2% 29.7 51.1 28.2
Senegal 50.4 45.0 +12.0% 18.2 49.6 22.3
Lithuania 50.2 48.3 +3.9% 13.7 47.1 87.5
Qatar 50.2 46.9 +7.0% 36.9 41.8 168.1
Belize 49.9 42.3 +18.0% 13.2 60.0 65.4
Hungary 49.8 42.3 +17.7% 14.2 49.7 77.3
Lebanon 49.8 40.5 +23.0% 17.3 43.8 35.6
Taiwan 49.1 49.4 -0.6% 13.0 67.1 99.5
Brunei 49.0 46.1 +6.3% 14.9 69.0 128.0
Portugal 48.7 45.8 +6.3% 23.5 47.5 65.3
Maldives 48.6 46.0 +5.7% 24.2 54.6 38.9
Slovakia 48.5 46.7 +3.9% 15.6 50.0 73.4
Papua New Guinea 47.9 65.6 -27.0% 27.7 57.8 20.2
Japan 47.6 48.9 -2.7% 13.6 58.2 107.3
Bahrain 46.8 46.1 +1.5% 21.2 45.6 117.3
Panama 46.5 43.3 +7.4% 21.7 53.8 42.1
Poland 46.2 43.7 +5.7% 16.4 41.0 94.7
Cape Verde 45.6 — — 7.6 56.5 22.3
Oman 45.5 39.3 +15.8% 12.0 46.8 151.3
Saudi Arabia 45.4 41.5 +9.4% 12.4 42.7 115.7
Guatemala 45.4 37.9 +19.8% 18.7 53.7 32.8
Argentina 44.9 38.3 +17.2% 12.8 43.8 44.8
Albania 44.7 43.7 +2.3% 11.9 46.6 46.9
Ivory Coast 44.6 42.7 +4.4% 22.9 42.8 11.7
Mexico 44.4 37.6 +18.1% 17.1 49.6 46.8
Suriname 43.4 — — 11.4 52.7 18.4
Kuwait 43.1 40.4 +6.7% 21.6 37.2 175.8
Montenegro 42.8 40.0 +7.0% 15.7 40.7 63.4
Serbia 42.5 40.9 +3.9% 11.8 39.8 63.1
Cuba 42.1 40.1 +5.0% 11.2 42.6 2.4
Bulgaria 42.0 39.3 +6.9% 10.6 44.0 78.6
El Salvador 41.6 37.6 +10.6% 16.7 45.5 26.8
Armenia 40.9 40.5 +1.0% 15.0 38.4 47.4
Ethiopia 40.4 41.6 -2.9% 16.8 40.7 12.5
Turkey 40.2 38.2 +5.2% 12.3 40.0 71.8
Jordan 39.9 36.7 +8.7% 6.6 37.2 55.3
Zambia 39.7 33.5 +18.5% 13.7 44.5 23.5
Romania 39.5 38.3 +3.1% 11.0 38.6 72.7
Dominican Republic 39.4 34.7 +13.5% 13.5 40.3 40.4
Russia 39.3 36.1 +8.9% 12.5 39.4 60.9
Cameroon 39.2 39.6 -1.0% 14.7 38.0 10.8
Venezuela 38.9 35.6 +9.3% 6.3 46.4 16.7
South Africa 38.9 32.0 +21.6% 12.8 35.0 105.5
Chile 38.7 35.8 +8.1% 10.6 42.4 50.4
Mauritius 38.6 37.0 +4.3% 10.9 42.0 54.1
Bosnia and Herzegovina 38.3 35.7 +7.3% 7.4 39.3 64.3
Ghana 38.1 31.1 +22.5% 11.6 42.1 18.1
Namibia 38.0 31.3 +21.4% 14.3 39.8 69.0
Myanmar 37.8 — — 10.0 39.6 19.5
Mozambique 37.7 35.7 +5.6% 12.1 35.4 24.3
Honduras 36.8 34.1 +7.9% 11.7 39.7 38.9
Thailand 36.8 35.3 +4.2% 12.8 43.5 41.0
Nicaragua 36.2 32.5 +11.4% 7.3 43.4 24.6
Fiji 35.8 33.3 +7.5% 19.5 45.9 56.4
Moldova 35.7 33.5 +6.6% 13.0 33.1 55.6
Colombia 35.6 28.0 +27.1% 11.5 37.6 40.0
Angola 35.6 — — 17.4 34.2 259.3
Zimbabwe 35.2 33.4 +5.4% 8.4 34.5 27.8
Cambodia 35.1 33.0 +6.4% 9.8 43.1 22.6
Georgia 34.9 31.2 +11.9% 11.5 35.1 43.2
North Macedonia 34.6 33.6 +3.0% 6.9 34.6 64.6
Mongolia 34.5 30.1 +14.6% 17.1 39.3 40.7
Malaysia 34.0 31.1 +9.3% 8.5 43.3 76.3
Brazil 33.1 28.6 +15.7% 8.6 33.0 44.3
Kazakhstan 32.7 26.6 +22.9% 10.8 34.1 52.1
Peru 32.5 30.0 +8.3% 9.8 36.5 48.4
Belarus 32.3 25.3 +27.7% 9.7 33.5 63.7
Paraguay 32.0 22.8 +40.4% 10.8 32.5 49.1
Botswana 31.7 41.7 -24.0% 6.0 30.7 80.0
Sri Lanka 31.3 32.5 -3.7% 7.0 43.7 19.7
Kosovo (Disputed Territory) 31.2 27.5 +13.5% 7.5 35.1 56.4
Morocco 31.2 30.0 +4.0% 7.6 33.6 43.7
Azerbaijan 31.1 29.3 +6.1% 9.7 30.3 39.8
Ecuador 31.0 29.3 +5.8% 7.8 33.8 47.4
China 30.7 29.4 +4.4% 9.5 36.3 94.2
Philippines 29.1 29.5 -1.4% 7.2 35.3 32.1
Tunisia 29.0 27.5 +5.5% 5.0 35.3 33.6
Ukraine 29.0 26.1 +11.1% 7.7 30.2 48.1
Kenya 28.9 28.5 +1.4% 7.5 30.5 33.4
Bolivia 28.7 25.5 +12.5% 8.5 30.1 43.1
Uzbekistan 28.6 24.9 +14.9% 10.7 32.1 48.6
Iraq 28.6 27.1 +5.5% 6.8 28.7 57.6
Tajikistan 28.0 26.2 +6.9% 10.1 36.0 42.4
Kyrgyzstan 27.6 25.6 +7.8% 12.2 28.5 41.6
Uganda 27.2 25.4 +7.1% 9.7 28.9 18.6
Algeria 26.9 26.8 +0.4% 3.2 36.8 35.3
Vietnam 26.9 25.9 +3.9% 9.6 32.6 40.5
Syria 26.8 23.8 +12.6% 5.9 28.1 6.4
Rwanda 26.5 29.7 -10.8% 14.3 25.1 24.8
Tanzania 25.8 24.1 +7.1% 7.7 25.5 26.1
Indonesia 24.7 24.6 +0.4% 7.8 32.6 28.5
Madagascar 24.2 22.2 +9.0% 7.3 25.3 14.9
Bangladesh 22.7 21.2 +7.1% 2.4 27.4 32.8
Iran 22.1 22.7 -2.6% 6.8 21.4 30.7
Nepal 21.9 22.7 -3.5% 2.8 22.7 29.9
Afghanistan 21.6 19.1 +13.1% 2.5 20.2 38.5
Egypt 21.5 19.6 +9.7% 3.8 22.5 23.9
Pakistan 20.3 17.7 +14.7% 3.1 18.8 27.9
Nigeria 20.2 25.7 -21.4% 12.2 22.7 8.8
Libya 19.4 17.2 +12.8% 4.8 22.9 37.8
India 18.1 19.0 -4.7% 3.8 21.4 69.6

More economy coverage is on our Business & Finance page, including the Fed’s latest debate over a December rate hike.

Sources

  1. Numbeo: Cost of Living Index by Country 2026 Mid-Year
  2. Numbeo: Cost of Living Index by Country 2025 Mid-Year
  3. Numbeo: Understanding our Cost of Living Indexes
  4. World Bank: Inflation, consumer prices (annual %), data updated Nov. 11, 2026

About the reporter: Elena Park is an AI reporter covering business, markets and the economy for The Boston Report. This article was produced with AI under our editorial policy. Read our AI and media disclosure.

Read next in Economics

Get The Boston Report Briefing

Our free weekly email with the most important stories from Boston and the world. Unsubscribe anytime.

Free. We never sell your address. Privacy policy

Get The Boston Report Briefing
Our free weekly email with the most important stories from Boston and the world. Unsubscribe anytime.
Sign up