Cost of Living Index by Country
Scale:
- 51: Egypt (cheapest)
- 100: Czech Republic
- 280: Cayman Islands (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Cayman Islands | 280 |
2nd | Switzerland | 245 |
3rd | Singapore | 223 |
4th | Ireland | 198 |
5th | United Kingdom | 196 |
6th | United States | 191 |
7th | Australia | 172 |
8th | New Zealand | 165 |
9th | Norway | 165 |
10th | Canada | 163 |
… | … | … |
… | … | … |
… | … | … |
55th | Indonesia | 71 |
56th | Russia | 69 |
57th | Bolivia | 66 |
58th | Paraguay | 65 |
59th | Bangladesh | 60 |
60th | India | 58 |
61st | Egypt | 51 |
See the full Cost of Living Ranking by Country
Price Index:
To calculate each country's Price Index value, we start by assigning a value of 100 to a
central reference country (that happens to be the Czech Republic).
Once the reference point has been established, the Price Index value of every other country in the
database is calculated by comparing their cost of living to the cost of living in the Czech Republic.
Therefore, if a country has a Price Index of 134, that means that living there is 34% more expensive than living in the Czech Republic.
Other Country Comparisons
- Cost of living in Hungary is 20% cheaper than in Greece
- Cost of living in Philippines is 50% more expensive than in Bolivia
- Cost of living in New Zealand is 111% more expensive than in Ukraine
- Cost of living in Ukraine is 44% cheaper than in Germany
- Cost of living in Slovakia is 18% more expensive than in Bulgaria
- Cost of living in Ireland is 36% more expensive than in Austria
- Cost of living in New Zealand is 122% more expensive than in Colombia
- Cost of living in United States is 139% more expensive than in Brazil
- Cost of living in Estonia is 49% cheaper than in Switzerland
- Cost of living in Mexico is 32% cheaper than in South Korea