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Numbeo shows database of cities and countries worldwide and it has ranked Pakistan an economical country to live in. In the Cost of living index by country, Pakistan stood at the 119th position and ranked as the most inexpensive country in 2019.

Pakistan is an Affordable Country

The website shows that Switzerland has the high Cost of Living and it is at the top of all countries being expensive one. However, Pakistan stands at the 119 number in the list with a low cost of living. Cost of Living Index of Pakistan is 20.4 while rent index of Pakistan is 4.5. Cost of Living Index plus rent Index of Pakistan is 12.76.

Numbeo data have shown that groceries index of Pakistan is 18.25 and the restaurant price index is 15.42. While the local purchasing power index ranked at 38.61.

NUMBEO Ranking

Switzerland with higher cost of living of 121.16 is an expensive country and rent index is 50.25. The groceries index of Switzerland is 120.81 and total local purchasing power index 129.7. Iceland with 101.86 cost of living index is ranked at second position with a 48.28 rent index, 92.1 groceries index, and 91.8 is its local purchasing power index.

United Kingdom is ranked at position 24 with cost of living index 65.28. The rent index is 28.6 with 105.73 local purchasing power.

World’s Most Expensive Countries

Rank Country Cost of Living Index Rent Index Cost of living plus rent index Local Purchasing Power Index
1 Switzerland 121.16 50.25 87.11 129.70
2 Iceland 101.86 48.28 76.13 91.80
3 Norway 100.99 37.28 70.40 103.61
4 Bahamas 92.40 33.49 64.11 57.01

 

World’s Cheapest Countries

Rank Country Cost of Living Index Rent Index Cost of living plus rent index Local Purchasing Power Index
116 Venezuela 25.73 5.89 16.20 3.71
117 India 24.17 5.84 15.37 66.91
118 Tunisia 23.69 4.96 14.69 37.99
119 Pakistan 20.40 4.50 12.76 38.61

Numbeo prepare database on the basis of the data of cities and countries contributed from all over the world. These costs of livings of the countries depicts the consumer better prices. Pakistan is economical country according to Numbeo ranking with a 119 list number below India.

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