The Cheapest and Most Expensive Countries to Live In – Where Does Greece Stand?

A global report from the Swiss platform InterNations, based on a survey of expatriates, reveals the 53 cheapest and most expensive countries to live in. The survey participants evaluated their satisfaction with their financial situation and whether their household income is sufficient for a comfortable life. At the top of the list of affordable countries is an Asian nation, while a North American country leads the list of the most expensive.

Vietnam: The Cheapest Country for the Third Consecutive Year

Vietnam has once again been ranked as the most affordable country to live in. According to an American expat living there, "The people are friendly, and the cost of living is incredibly low."

Satisfaction with the cost of living: 86% of expats are satisfied with the prices in the country.
Adequate income: 68% report that their household income fully covers their needs for a comfortable life.
Overall economic satisfaction: 65% are happy with their financial situation. Despite the low cost of living, some, less than 20%, earn annual incomes of up to $150,000.
Colombia and Indonesia follow in second and third place, respectively.

Canada: The Most Expensive Country to Live In

On the other hand, Canada emerges as the most expensive country in the ranking.

High cost of living: A Spanish permanent resident mentions, "The cost of living is outrageously high, and going out for food or drinks is considered a luxury."
Income insufficiency: 53% report that their available income is not enough to live comfortably.
General dissatisfaction: 66% describe Canada as expensive, while 26% consider their financial situation to be "very poor."

Greece’s Position

Greece sits approximately in the middle of the rankings, at 24th place.

Finland and the United Kingdom take the second and third spots among the most expensive countries, respectively.

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