Cost of Living Index by Country
Scale:
- 49: Egypt (cheapest)
- 100: Czech Republic
- 249: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 249 |
| 2nd | Singapore | 230 |
| 3rd | Hong Kong | 194 |
| 4th | Australia | 187 |
| 5th | United States | 183 |
| 6th | United Kingdom | 181 |
| 7th | Netherlands | 176 |
| 8th | Ireland | 174 |
| 9th | New Zealand | 174 |
| 10th | Norway | 166 |
| … | … | … |
| … | … | … |
| … | … | … |
| 56th | Colombia | 71 |
| 57th | Russia | 67 |
| 58th | Paraguay | 66 |
| 59th | Bolivia | 62 |
| 60th | Bangladesh | 60 |
| 61st | India | 53 |
| 62nd | Egypt | 49 |
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 Paraguay is 38% cheaper than in Greece
- Cost of living in New Zealand is 25% cheaper than in Singapore
- Cost of living in India is 63% cheaper than in Finland
- Cost of living in Japan is 36% cheaper than in Australia
- Cost of living in Estonia is 19% more expensive than in Lithuania
- Cost of living in Serbia is 12% cheaper than in Greece
- Cost of living in Canada is 15% cheaper than in Australia
- Cost of living in Malta is 10% cheaper than in Belgium
- Cost of living in Slovakia is 73% more expensive than in Bangladesh
- Cost of living in Switzerland is 371% more expensive than in India