Analysts at Finprom.kz, citing the latest Numbeo report on global cost-of-living data, have identified Almaty as the most expensive city in Central Asia.
Global Leaders and Regional Rankings
Numbeo’s index is based on user-submitted data on the cost of food, transportation, utilities, and housing, benchmarked against New York City, which is assigned a baseline score of 100 (excluding rent). Scores above 100 indicate higher living costs than New York.
Swiss cities once again dominated the top of the list. Zurich (112.5), Geneva (111.4), Basel (110.7), Lausanne (110.5), Lugano (108.4), and Bern (103.4) all surpassed New York, which came in seventh. Rounding out the global top ten were Reykjavik (96.2), Honolulu (94.4), and San Francisco (90.7).
Almaty ranked 346th globally, with a score of 29.4, while Kazakhstan’s capital, Astana, placed 366th at 26.5. Astana’s cost of living aligns closely with Bishkek (26.8) and Tashkent (26.2).
While the cost-of-living index measures expenses, Numbeo’s Purchasing Power Index reflects how well local wages cover those costs.
Astana rose to 59.4 (up from 45.3 in 2020), and Almaty reached 55.9 (up from 36.3). Both cities now surpass their regional peers: Tashkent (49.3) and Bishkek (40.4).
While Kazakhstan remains significantly more affordable than many developed countries, a factor that may appeal to tourists, the lower cost indexes also reflect modest local income levels. Nonetheless, the improved purchasing power in Astana and Almaty signals a positive economic trend, positioning them ahead of neighboring capitals.
