Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Get in touch with us nowCost of living in the least expensive cities worldwide 2023, by price index
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.
