Lebanon has risen to 54th place globally and 6th among Arab countries in the mid-2024 global cost of living index, with a value of 41.78.
In the report related to the global cost of living index, published by the statistics site Numbeo, 121 countries are ranked in comparison to figures from the United States. Four other indicators are also published, namely the rent price index, the groceries index, the restaurant price index, and the local purchasing power index in these countries.
At the regional level, the United Arab Emirates is considered the most expensive Arab country, ranking 27th globally, followed by Bahrain, 34th globally, and then Qatar, 37th globally.
Statistics indicate that Switzerland is the most expensive country in the world, with a cost of living index of 101.1.
