Cost of living comparison

Cost of living comparison 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 which of two places is dearer, and by how much. It is answered by putting the same standard basket in both and reading the gap, which is why the pair has to be measured on one scale: comparing a country on the European index with a country on the World Bank ratio produces a number, and the number means nothing. The comparison refuses that pairing instead of converting between the two, because the conversion would be an invention. It also cannot tell you whether you would be better off, which depends on your income and not on the basket.

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.

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