Cost of Living Index by Country
Scale:
- 50: Egypt (cheapest)
- 100: Czech Republic
- 273: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 273 |
| 2nd | Switzerland | 248 |
| 3rd | Singapore | 225 |
| 4th | Ireland | 202 |
| 5th | United States | 199 |
| 6th | United Kingdom | 195 |
| 7th | Hong Kong | 185 |
| 8th | Netherlands | 182 |
| 9th | United Arab Emirates | 170 |
| 10th | Australia | 167 |
| … | … | … |
| … | … | … |
| … | … | … |
| 54th | Malaysia | 74 |
| 55th | Indonesia | 69 |
| 56th | Bolivia | 65 |
| 57th | Paraguay | 62 |
| 58th | Bangladesh | 58 |
| 59th | India | 57 |
| 60th | Egypt | 50 |
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 South Africa is about the same as in Lithuania
- Cost of living in Ireland is 162% more expensive than in Colombia
- Cost of living in Mexico is 26% more expensive than in Indonesia
- Cost of living in Cayman Islands is 372% more expensive than in Bangladesh
- Cost of living in Netherlands is 59% more expensive than in Spain
- Cost of living in Guyana is 9% more expensive than in Bulgaria
- Cost of living in Serbia is 17% cheaper than in Portugal
- Cost of living in South Africa is 53% cheaper than in United Kingdom
- Cost of living in Bolivia is 58% cheaper than in Belgium
- Cost of living in Malta is 28% cheaper than in Netherlands