Damascus in Syria was ranked as the least expensive city worldwide in 2023, with an index score of 13 out of 100. The country has been marred by civil war over the last decade, hitting the country's economy hard. Other cities in the Middle East and North Africa such as Tehran, Tripoli, and Tunis are also present on the list. Buenos Aires is the Latin American city with the highest costs of living, as Argentina has recently faced an economic crisis and rapidly rising inflation. On the other hand, Singapore and Zurich were ranked the most expensive cities in the world.
Cost of living in the least expensive cities worldwide in 2023, by price index
Characteristic
Price index (New York=100)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
World Economic Forum. (December 22, 2023). Cost of living in the least expensive cities worldwide in 2023, by price index [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1419125/worldwide-least-expensive-cities/
World Economic Forum. "Cost of living in the least expensive cities worldwide in 2023, by price index." Chart. December 22, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1419125/worldwide-least-expensive-cities/
World Economic Forum. (2023). Cost of living in the least expensive cities worldwide in 2023, by price index. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1419125/worldwide-least-expensive-cities/
World Economic Forum. "Cost of Living in The Least Expensive Cities Worldwide in 2023, by Price Index." Statista, Statista Inc., 22 Dec 2023, https://www.statista.com/statistics/1419125/worldwide-least-expensive-cities/
World Economic Forum, Cost of living in the least expensive cities worldwide in 2023, by price index Statista, https://www.statista.com/statistics/1419125/worldwide-least-expensive-cities/ (last visited July 22, 2024)
Cost of living in the least expensive cities worldwide in 2023, by price index [Graph], World Economic Forum, December 22, 2023. [Online]. Available: https://www.statista.com/statistics/1419125/worldwide-least-expensive-cities/
