Lithuania ranks among 50 cheapest countries in the world

Lithuania took 48th place in the list of cheapest countries for New Yorkers to live in compiled and published by GoBankingRates.

The list is based on the purchasing power of countries and average food, services, and rental prices in comparison to prices in New York.

Average food prices in Lithuania are 62% lower than in New York, services are on average 53% cheaper, and rent is 85% cheaper than in New York.

Latvia comes in three places higher in 45th place while Estonia took 32nd place in the list.

Related Post

Estonian food, service and rental prices not very different from those in Lithuania, but Estonians purchasing power is much higher. The purchasing power of Lithuanian citizens is 38% lower than that of New Yorkers, Estonian purchasing power is only 20% lower.

Poland took the highest place on the list among Lithuania‘s neighbours at 12th place. The price of food is 70% lower than in New York with rent 88% lower.

The cheapest country in the list is South Africa. Food is 71% cheaper than New York, rent 88% lower and services 66% cheaper. The purchasing power of South Africans is 27% higher than that of New Yorkers. That is what made South Africa the cheapest country to live in.

Share

Recent Posts

  • Foreign affairs

After Nausėda meeting with Budrys, the opposition retorts to the candidate’s “cooling off “

Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…

4 weeks ago
  • Tribune

Rediscover Bulgaria’s Ancient Heritage: Plovdiv’s Restored Eastern Gate and Nebet Tepe

In the heart of Bulgaria, the city of Plovdiv reveals a rich tapestry of ancient…

4 weeks ago
  • Foreign affairs

“No need to mince words”: an assessment of what Trump’s victory means for Lithuania

"We can shout very loudly, but it won't change the position of the American people,"…

1 month ago
  • Latest

Lies, disrespect and mockery: experts assess Blinkevičiūtė’s “gift” to voters without scruples

From mocking messages flooding social networks to harsh criticism from political experts, the decision of…

2 months ago
  • Foreign affairs

Another year in the sovereign history of Kazakhstan

Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…

2 months ago
  • Defence

In the assessment of NATO’s readiness for war with Russia, there is also a warning about the Baltic states: what is the Kremlin’s wild card?

According to Lrytas.lt, the North Atlantic Treaty Organisation (NATO) faces a new geopolitical reality with…

2 months ago