Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 242: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 242 |
| 2nd | Switzerland | 223 |
| 3rd | Singapore | 197 |
| 4th | Netherlands | 181 |
| 5th | Hong Kong | 178 |
| 6th | United Kingdom | 177 |
| 7th | United States | 175 |
| 8th | Ireland | 172 |
| 9th | United Arab Emirates | 157 |
| 10th | Austria | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 50th | Ukraine | 68 |
| 51st | Indonesia | 67 |
| 52nd | Bolivia | 60 |
| 53rd | Bangladesh | 52 |
| 54th | India | 49 |
| 55th | Paraguay | 47 |
| 56th | Egypt | 44 |
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 Portugal is 97% more expensive than in Bangladesh
- Cost of living in Austria is 98% more expensive than in Romania
- Cost of living in Egypt is 41% cheaper than in Ecuador
- Cost of living in Portugal is 13% more expensive than in Lithuania
- Cost of living in Portugal is 23% more expensive than in Mexico
- Cost of living in South Korea is 59% more expensive than in Chile
- Cost of living in Malta is 27% cheaper than in Ireland
- Cost of living in Ukraine is 18% cheaper than in Chile
- Cost of living in Mexico is 39% cheaper than in France
- Cost of living in Estonia is about the same as in Malta