Uzbekistan has become one of the countries with the lowest cost of living in the world. According to the results of the rating published by the international analytical platform Numbeo, the republic ranked 138th among 155 countries. There is an important nuance here: the lower the bed, the cheaper it is to live.
New York was taken as a comparison point in the study, and it was conventionally accepted as 100 points. The lower the index, the easier it is for a country to afford housing, services, and everyday life.
What do the figures say in Uzbekistan?
According to Numbeo, the cost of living index of Uzbekistan is 27.3 points - this is one of the lowest indicators in the global list. The analysis also took into account the following areas: housing rental, utilities, food, restaurant expenses, and the purchasing power of the population.
According to the platform, the low price level in Uzbekistan is felt in almost all of the main categories:
- Cost of living index (total prices) - 27.3
- Rental index - 12.2 (relatively cheap rent)
- Cost of living, including rent - 20.6
- Food price index - 30.1
- Restaurant and cafe price index - 23
- Purchasing Power Index - 47.8
In short, prices are low - but that doesn't mean "everything is great." Because the purchasing power indicator shows how much the population's income covers daily expenses. This number directly affects how much a person feels about "cheapness" in real life.
The "cheap zone" is also maintained in Central Asia
In the ranking, the countries of Central Asia are also at the bottom of the list - that is, among the countries with relatively low living costs:
- Kazakhstan - 128th place (29.8)
- Tajikistan - 136th place (27.9)
- Uzbekistan - 138th place (27.3)
- Kyrgyzstan - 140th place (27.3)
- No information about Turkmenistan
Who is the most expensive and the cheapest?
In the Numbeo ranking, the Bermuda, Cayman Islands, and the Virgin Islands are listed as the most expensive places to live. Among the cheapest countries are Pakistan, India, and Libya.
Conclusion: affordability is both an opportunity and a signal
The low cost of services and everyday goods in Uzbekistan is good on the one hand: it is easier to plan for living, especially with rent and general household expenses. But on the other hand, the purchasing power index shows that the most important task in the future is not only to keep prices low, but also to increase incomes and raise the quality of wages.
That is, "cheap country" means a good start, now the dynamics of income will be decisive for reaching the stage of "comfortable and nutritious life."
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