Cost of Living Index by Country
Scale:
- 48: Egypt (cheapest)
- 100: Czech Republic
- 230: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 230 |
| 2nd | Switzerland | 228 |
| 3rd | Singapore | 205 |
| 4th | United Kingdom | 178 |
| 5th | Hong Kong | 174 |
| 6th | United States | 171 |
| 7th | Australia | 170 |
| 8th | Netherlands | 165 |
| 9th | New Zealand | 160 |
| 10th | Ireland | 158 |
| … | … | … |
| … | … | … |
| … | … | … |
| 60th | Colombia | 66 |
| 61st | Russia | 63 |
| 62nd | Paraguay | 62 |
| 63rd | Bolivia | 59 |
| 64th | Bangladesh | 58 |
| 65th | India | 52 |
| 66th | Egypt | 48 |
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 Estonia is 16% cheaper than in Poland
- Cost of living in Finland is 91% more expensive than in Brazil
- Cost of living in Peru is 4% more expensive than in Colombia
- Cost of living in United States is 148% more expensive than in Peru
- Cost of living in Russia is 30% cheaper than in Serbia
- Cost of living in Cyprus is 8% more expensive than in Slovenia
- Cost of living in Luxembourg is 154% more expensive than in Bangladesh
- Cost of living in Norway is 27% more expensive than in Macao
- Cost of living in Egypt is 32% cheaper than in Bosnia and Herzegovina
- Cost of living in Malaysia is 21% cheaper than in China