Global Cost-of-Living Landscape 2026: The World’s Most Expensive Countries Revealed
New data show affluent economies and small island states topping cost-of-living indices as price pressures intensify worldwide
A series of newly compiled cost-of-living indices for 2026 highlight stark contrasts in global price levels, identifying a group of wealthy and high-price economies at the top of the affordability spectrum while many developing nations remain comparatively inexpensive.
According to the latest figures from international cost-comparison platforms, Bermuda and the Cayman Islands rank among the most expensive countries in the world when everyday expenses such as groceries, restaurants, transportation and rent are analysed together, with indices well above the global average.
Switzerland likewise features prominently, with multiple cities and high national indices reflecting elevated prices for goods and services across the country.
Zurich, Geneva, Basel and Lausanne all register at the top of global city cost rankings, underscoring the premium residents pay in Europe’s wealthiest nation.
Zurich, for instance, leads many global city rankings with one of the highest cost-of-living indexes recorded internationally.
Amid these high-cost environments, the United States appears as the leading large economy with prices closest to the New York baseline, while smaller island economies such as the Bahamas and the United States Virgin Islands also post elevated figures relative to many peers.
Meanwhile, Singapore and Iceland similarly register high positions in cost-of-living comparisons, driven by strong currencies and robust service-sector pricing.
In contrast, many countries in Asia, Africa and Latin America remain considerably more affordable by comparison, with cost indices significantly below those of the world’s most expensive economies.
These divergent cost structures reflect variations in income levels, currency strength, import-dependency and housing markets, contributing to a complex picture of global affordability in 2026.