Top 50 Coldest Countries In The World

In This Article:

This article will list countries with the lowest temperatures and shed light on the heating costs borne by those living in these countries. You can skip the details and head straight to the Top 15 Coldest Countries In The World.

Living in a place where your breath can turn to frost isn't merely a physical challenge; it's also a notable financial one. Residents of the coldest countries in the world daily battle with the reality of necessities, like heating and groceries, bearing a higher price tag. 

For instance, Alaska residents consistently experience a cost of living above the national average. In basic terms, if your grocery bill in the contiguous US averages $100, expect to spend $125 for similar goods in parts of Alaska. Accessibility significantly influences Alaska's price difference, making the state's cost of living 25.3% higher than the national average. The remoteness necessitates reliance on more expensive transportation modes like air and sea freight, subsequently elevating the prices of basic goods and essentials.

Moreover, heating is not inexpensive in an environment where temperatures often linger near zero in the countries with the lowest temperatures. According to the US Energy Information Administration (EIA), residential electricity rates in Alaska are substantially higher, averaging about 24.88 cents per kilowatt-hour, compared to the US average of 15.91 cents. These expenditures elevate Alaska's average cost of living to $48,670, ranking it the 6th highest in the country, according to the Missouri Economic Research and Information Center (MERIC).

On a global scale, Norway, Sweden, and Finland, some of the world's chilliest countries, also confront escalated living expenses, especially in the heating and energy sectors. Norway, despite its wealth from extensive oil reserves, imposes a substantial living cost on its residents. A Statistics Norway (SSB) report highlighted that Norwegians spend, on average, $12,407 on housing, electricity, gas, and other fuels. Nearly 11% of this household expenditure is allocated to housing energy, significantly influenced by heating needs during colder months.

A similar story unfolds in Finland. According to Statistics Finland, the average household energy expenditure is particularly burdensome, especially among the lower-income population. Data reveals that household energy consumption in Finland is nearly 68,810 gigawatts per hour, with approximately 67.5% (i.e., 48,423 GWh) utilized for space heating. The frigid Finnish winters compel a significant portion of people's income to ensure homes remain warm and livable.