Cost of Living Index by Country
Scale:
- 54: Egypt (cheapest)
- 100: Czech Republic
- 292: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 292 |
| 2nd | Switzerland | 267 |
| 3rd | Singapore | 237 |
| 4th | United Kingdom | 212 |
| 5th | United States | 196 |
| 6th | Australia | 191 |
| 7th | Netherlands | 184 |
| 8th | Ireland | 183 |
| 9th | New Zealand | 180 |
| 10th | Norway | 172 |
| … | … | … |
| … | … | … |
| … | … | … |
| 56th | Colombia | 74 |
| 57th | Russia | 71 |
| 58th | Paraguay | 70 |
| 59th | Bolivia | 67 |
| 60th | Bangladesh | 62 |
| 61st | India | 60 |
| 62nd | Egypt | 54 |
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 Netherlands is 149% more expensive than in Colombia
- Cost of living in Norway is 21% more expensive than in Macao
- Cost of living in Serbia is 6% more expensive than in Mexico
- Cost of living in Fiji is 19% cheaper than in Czech Republic
- Cost of living in Macao is 92% more expensive than in Colombia
- Cost of living in Palestinian Territory is 47% cheaper than in United Kingdom
- Cost of living in Costa Rica is 31% more expensive than in South Africa
- Cost of living in Colombia is 10% more expensive than in Bolivia
- Cost of living in Croatia is 55% more expensive than in Brazil
- Cost of living in Singapore is 137% more expensive than in Czech Republic