To create the Index, Numbeo collates a huge amount of information from thousands of worldwide contributions, focusing on consumer costs and prices. There are nearly fifty factors, ranging from meals at mid-range restaurants to gym memberships, bottles of wine and cappuccinos.
Compared to Ukraine, it is only cheaper to live in Pakistan or Egypt.
Alongside Ukraine, the list of world’s cheapest countries includes India, Tunisia, Kosovo and Georgia.
World’s most expensive lifestyles are found in Bermuda, Switzerland, Iceland, Norway and the Bahamas.