Cost of living calculator

What it asks for
city, household size, income
Source
Eurostat + World Bank

Cost of living calculator here is computed against Eurostat + World Bank. The inputs are shown, the assumptions are written down, and the result is a range rather than a single number wherever the underlying data supports only a range.

The question here is what one place costs for one household, rather than how two places compare. That makes it the harder of the two calculators to answer honestly, because a household is not a standard basket: the published index weights spending the way the average household spends it, and almost nobody is the average household. The calculator therefore shows the twelve categories separately and lets the reader weight them, instead of producing a single monthly figure that would be precise and wrong for everyone who reads it.

Worked example: Switzerland against Türkiye. The same standard basket costs about 294 percent more in the first, on the 2024 figures.

It covers 199 countries, which is exactly the set the source measures and no more.

The figures behind this tool describe 2024 and they change when Eurostat + World Bank publishes, not when this page is edited. That is why the year appears next to every value rather than in the small print: a tool whose data is a year old and says so is more useful than one that looks current and is not.

Everything a household buys

CountryValueYear
Türkiye46.82024
North Macedonia49.62024
Bulgaria56.92024
Romania57.42024
Montenegro57.92024
Bosnia & Herzegovina59.72024
Serbia61.42024
Albania62.92024
Hungary68.32024
Poland70.22024
Croatia73.32024
Latvia77.22024

Questions

Where do the numbers come from?

Cost of living calculator computes against Eurostat + World Bank. Every figure it uses carries the institution that published it and the year it describes.

Is the result a quote?

No. It is an estimate from published statistics, and it says which statistics and for which year. Anything binding has to come from whoever is going to charge you.

Related pages

Sources

  • Eurostat + World Bank