Cost of Living Index by Country
Scale:
- 52: Egypt (cheapest)
- 100: Czech Republic
- 308: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 308 |
| 2nd | Switzerland | 276 |
| 3rd | Iceland | 260 |
| 4th | Hong Kong | 244 |
| 5th | Norway | 226 |
| 6th | Singapore | 213 |
| 7th | Australia | 209 |
| 8th | Ireland | 207 |
| 9th | New Zealand | 203 |
| 10th | Qatar | 202 |
| … | … | … |
| … | … | … |
| … | … | … |
| 86th | Kosovo | 73 |
| 87th | Azerbaijan | 72 |
| 88th | Georgia | 70 |
| 89th | India | 69 |
| 90th | Ukraine | 67 |
| 91st | Tunisia | 64 |
| 92nd | Egypt | 52 |
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 Sweden is 8% cheaper than in France
- Cost of living in Switzerland is 44% more expensive than in Israel
- Cost of living in Namibia is 24% more expensive than in Colombia
- Cost of living in Ecuador is 17% more expensive than in Bolivia
- Cost of living in Botswana is 8% cheaper than in Lithuania
- Cost of living in Romania is 56% cheaper than in United Arab Emirates
- Cost of living in Botswana is 50% cheaper than in France
- Cost of living in Czech Republic is 14% cheaper than in Argentina
- Cost of living in Panama is 34% cheaper than in Australia
- Cost of living in Paraguay is 10% cheaper than in Guatemala