Cost of Living Index by Country
Scale:
- 48: Egypt (cheapest)
- 100: Czech Republic
- 229: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 229 |
| 2nd | Cayman Islands | 228 |
| 3rd | Singapore | 204 |
| 4th | United Kingdom | 178 |
| 5th | Hong Kong | 173 |
| 6th | United States | 169 |
| 7th | Australia | 169 |
| 8th | Netherlands | 165 |
| 9th | New Zealand | 160 |
| 10th | Ireland | 158 |
| … | … | … |
| … | … | … |
| … | … | … |
| 60th | Colombia | 67 |
| 61st | Russia | 63 |
| 62nd | Paraguay | 62 |
| 63rd | Bolivia | 59 |
| 64th | Bangladesh | 57 |
| 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 Colombia is 51% cheaper than in Belgium
- Cost of living in Slovenia is 52% cheaper than in Switzerland
- Cost of living in South Korea is 7% more expensive than in Croatia
- Cost of living in Portugal is about the same as in Spain
- Cost of living in Cayman Islands is 42% more expensive than in New Zealand
- Cost of living in Panama is 46% cheaper than in United States
- Cost of living in Cayman Islands is 99% more expensive than in Japan
- Cost of living in Fiji is 47% cheaper than in Israel
- Cost of living in Malta is 13% cheaper than in Israel
- Cost of living in Mexico is 8% cheaper than in China