Nigeria has been ranked second globally in countries with lowest cost of living, according to Numbeo’s cost of living ranking 2024.
Numbeo is the world’s largest cost of living database.
The cost of living is the amount of money needed to sustain a certain comfort level in a location.
The cost of living covers basics such as housing, groceries, taxes, and healthcare.
Some countries have a very high cost of living, particularly in areas surrounding large cities.
Pakistan was ranked as the country with the lowest cost of living while Nigeria and Libya came second and third respectively.
At the bottom are Switzerland and Bermuda, which are ranked as the most expensive countries with the highest cost of living.
Here is a list of countries with lowest cost of living (Lowest to Highest)
1. Pakistan
2. Nigeria
3. Libya
4. India
5 Afghanistan
6. Kenya
7. Bangladesh
8. Syria
9. Madagascar
10. Rwanda
11. Tanzania
12. Ghana
13. Nepal
14. Uzbekistan
15. Iran
16. Belarus1
17. Kyrgyzstan
18. Paraguay
19. Argentina
20. Bolivia
21. Indonesia2
22. Egypt
23. Somalia
24. Ukraine25. Tunisia26. Algeria27. Namibia28. MoroccoAdvertisement29. Iraq30. Botswana31. Russia32. Vietnam33. Uganda34. Malaysia35. Colombia36. Azerbaijan37. Kosovo38. Peru39. Sri Lanka40. Mongolia41. Ecuador42. Nicaragua43. South Africa44. Kazakhstan45. Philippines46. Turkey47. North Macedonia48. Fiji49. China50. Moldova51. Bosnia And Herzegovina 52. Brazil53. Thailand54Zimbabwe55. Honduras56. Georgia57. Guatemala58. Serbia59. Cambodia60. Myanmar61. Dominican Republic62. Romania63. Armenia64. Venezuela65. Bulgaria66. Cameroon67. Zambia68. Mauritius69. El Salvador 70. Albania71. Montenegro72. Chile73. Poland74. Palestine75. Ethiopia76. Mexico77. Jordan78. Kuwait79. Oman80. Hungary81. Ivory Coast82. Senegal83. Guyana84. Mozambique85. Cuba86. Croatia87. Portugal88. Saudi Arabia89. Lebanon90. Panama91. Slovakia92. Belize93. Spain94. Lithuania95. Taiwan96. Czech Republic97. Slovenia98. Maldives99. Japan100. Latvia101. Brunei102. Bahrain103. Trinidad And Tobago104. Estonia105. Jamaica106. Costa Rica107. Qatar108. Greece109. Uruguay110. Malta111. Yemen112. Macao (China) 113. Cyprus114. United Arab Emirates115. Italy116. Isle Of Man117. Sweden118. Germany119. Belgium120. South Korea121. United Kingdom122. Netherlands123. Puerto Rico124. Israel125. Luxembourg126. Finland127. France128. Ireland129. Austria130. New Zealand 131. Guernsey132. Canada133. Hong Kong (China)134. Australia135. Jersey136. United States 138. Denmark139. Barbados138. Norway140. Singapore141. Iceland142. Bahamas143. Us Virgin Islands144. Cayman Islands145. Switzerland146. Bermuda
