The first international cost of living rankings for 2023 reveal that the most expensive countries / states are dominated by those with, or with a fixed rate to, the US Dollar.
The top 10 most expensive country/states in the world for an Expat as at January 2023 are as follows:
Lebanon is the most expensive country-state in the world as a result of years of state corruption, waste and unsustainable financial policies. The Lebanese pound has crashed, driving up prices and decreasing purchasing power, as Lebanon is an import dependent country.
