Pakistan tops the list of the cheapest countries in the world, with a cost of living index of $294. Sri Lanka and Nepal come in second and third on the list, with cost of living indexes of $316 and $385 respectively.
What is the least expensive city to live in Australia?
Well, Adelaide is actually Australia's most affordable capital city for renters ($534), while Sydney is the most expensive ($711), according to the latest CoreLogic rental data.
Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
What is the best country to retire to from Australia?
Countries such as Thailand and Malaysia are popular with Australians because they are a 'day flight' away from most capital cities and have all the advantage of great weather, good / great health care systems and English being spoken in the country.
As many financial advisors will tell you, your cost of living is one of the key factors when creating a retirement plan. According to Numbeo, a website that collects pricing data from citizens, the average cost of living in Australia is slightly higher than in the United States.
The worldwide highest income is earned in Monaco. The smallest budget per capita exists in Afghanistan. In our comparison over 69 countries, the USA comes 7th with an average income of 70,930 USD. The average income is calculated by gross national income and population.
According to Expatistan, this means Australia is one of the most expensive places to live (ranked 13 out of 74). Generally, a higher cost of living means that basic expenses have become – well, expensive.
Sydney is still the most expensive city in Australia — you'll pay around a quarter more for living expenses in Sydney than if you lived in Darwin or Melbourne, and even more if you stayed in Adelaide or Hobart. The overall costs of living in Adelaide and Hobart are very similar.
Sydney has been ranked as the world's 10th most expensive city, according to the latest Economist Intelligence Unit (EIU) report, thanks to the price of groceries, rent and everyday services, ranking equally with Copenhagen.
1. Rome, Italy. At number one you voted Rome as the most beautiful city in the world. With its thousand-year-old buildings such as the Forum Romanum or the Colosseum, beautiful piazzas and world-class art – not to mention Vatican City – we are certainly not surprised.
