Cost of Living Index by Country
Scale:
- 54: Egypt (cheapest)
- 100: Czech Republic
- 294: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 294 |
| 2nd | Switzerland | 260 |
| 3rd | Singapore | 233 |
| 4th | United Kingdom | 208 |
| 5th | United States | 200 |
| 6th | Australia | 184 |
| 7th | Ireland | 178 |
| 8th | New Zealand | 173 |
| 9th | Norway | 170 |
| 10th | Canada | 168 |
| … | … | … |
| … | … | … |
| … | … | … |
| 55th | Indonesia | 75 |
| 56th | Paraguay | 70 |
| 57th | Bolivia | 68 |
| 58th | Russia | 67 |
| 59th | Bangladesh | 62 |
| 60th | India | 60 |
| 61st | 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 Poland is 80% more expensive than in Colombia
- Cost of living in Romania is 25% more expensive than in Bolivia
- Cost of living in Cayman Islands is 267% more expensive than in Brazil
- Cost of living in Egypt is 46% cheaper than in Czech Republic
- Cost of living in Malta is 114% more expensive than in Bangladesh
- Cost of living in Japan is 15% cheaper than in Finland
- Cost of living in South Africa is 65% more expensive than in Egypt
- Cost of living in Guyana is 25% cheaper than in Malta
- Cost of living in Bolivia is 55% cheaper than in Belgium
- Cost of living in Hungary is 48% cheaper than in Canada