Cost of Living Index by Country
Scale:
- 47: Egypt (cheapest)
- 100: Czech Republic
- 261: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 261 |
| 2nd | Switzerland | 232 |
| 3rd | Singapore | 211 |
| 4th | United States | 193 |
| 5th | United Kingdom | 188 |
| 6th | Hong Kong | 188 |
| 7th | Netherlands | 183 |
| 8th | Ireland | 180 |
| 9th | United Arab Emirates | 167 |
| 10th | Australia | 163 |
| … | … | … |
| … | … | … |
| … | … | … |
| 51st | Colombia | 72 |
| 52nd | Indonesia | 65 |
| 53rd | Bolivia | 64 |
| 54th | Bangladesh | 55 |
| 55th | India | 53 |
| 56th | Paraguay | 49 |
| 57th | Egypt | 47 |
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 Indonesia is 58% cheaper than in Canada
- Cost of living in Portugal is 27% more expensive than in China
- Cost of living in Austria is about the same as in Belgium
- Cost of living in Saudi Arabia is about the same as in Croatia
- Cost of living in Lithuania is 28% more expensive than in Colombia
- Cost of living in Bosnia and Herzegovina is 13% cheaper than in Hungary
- Cost of living in Cayman Islands is 93% more expensive than in South Korea
- Cost of living in Cayman Islands is 141% more expensive than in Costa Rica
- Cost of living in Lithuania is 41% more expensive than in Indonesia
- Cost of living in South Africa is 34% cheaper than in South Korea