Ukraine between Belarus and Nigeria: cost of living rating published

Numbeo’s cost-of-living ranking included 139 countries around the world, assessing indicators such as prices for consumer goods, including food, restaurants, transport and utilities.

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The research service Numbeo has presented a rating of the cost of living for 139 countries for 2022. Ukraine was in it in 121st place, testify Numbeo data.

It is noted that the cost of living index is a relative measure of prices for consumer goods, including food, restaurants, transport and utilities.

Bermuda ranked first with 146.04, followed by Switzerland (123.35), Norway (100.90), Iceland (94.86). The US ranked 26th with a score of 70.13.

Ukraine took 121st place (30.71), its neighbors were Belarus – in 120th place, and Nigeria – in 122nd.

The last place in the ranking was occupied by Pakistan (19.92), also on the bottom lines are Afghanistan, India, Colombia.

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The Numbeo website also published the Rent Index, Grocery Index, Restaurant Price Index, and Local Purchasing Power Index.

Ukraine’s indicators are as follows:

• rental index – 10.57;
• food products index – 26.30;
• Price index in restaurants – 25.75;
• local purchasing power index – 37.22.

The Local Purchasing Power Index shows the relative purchasing power of buying goods and services in a given city against the average net wage in that city, the website explains. This figure in Ukraine was somewhat lower than in Russia (37.41), but higher than in Moldova (33.43) and Belarus (31.78).

Recall that earlier Focus made up comfort rating of Ukrainian cities. In 2021, Ternopil became its leader, and cities located closer to the west of Ukraine were in the top five.

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