Cost of Living Index by Country
Scale:
- 48: Egypt (cheapest)
- 100: Czech Republic
- 268: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 268 |
| 2nd | Switzerland | 244 |
| 3rd | Singapore | 221 |
| 4th | Ireland | 198 |
| 5th | United States | 196 |
| 6th | United Kingdom | 193 |
| 7th | Hong Kong | 182 |
| 8th | Netherlands | 179 |
| 9th | United Arab Emirates | 167 |
| 10th | Australia | 166 |
| … | … | … |
| … | … | … |
| … | … | … |
| 55th | Malaysia | 73 |
| 56th | Indonesia | 68 |
| 57th | Bolivia | 64 |
| 58th | Paraguay | 62 |
| 59th | Bangladesh | 57 |
| 60th | India | 56 |
| 61st | 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 Egypt is 44% cheaper than in Bulgaria
- Cost of living in Ukraine is 30% cheaper than in Greece
- Cost of living in Russia is 32% more expensive than in Bangladesh
- Cost of living in Slovenia is about the same as in Spain
- Cost of living in Cayman Islands is 39% more expensive than in United Kingdom
- Cost of living in Slovakia is 12% more expensive than in Chile
- Cost of living in Spain is 32% cheaper than in Australia
- Cost of living in Slovenia is 24% more expensive than in Chile
- Cost of living in Israel is 76% more expensive than in Bulgaria
- Cost of living in Chile is 38% cheaper than in Belgium