English
EspañolCost of Living Index by Country
Scale:
- 62: Tunisia (cheapest)
- 100: Czech Republic
- 277: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 277 |
| 2nd | Hong Kong | 234 |
| 3rd | Switzerland | 227 |
| 4th | Iceland | 226 |
| 5th | Bahamas | 214 |
| 6th | Norway | 208 |
| 7th | Zimbabwe | 201 |
| 8th | Singapore | 198 |
| 9th | Ireland | 197 |
| 10th | Denmark | 197 |
| … | … | … |
| … | … | … |
| … | … | … |
| 98th | India | 70 |
| 99th | Georgia | 69 |
| 100th | Paraguay | 68 |
| 101st | Kazakhstan | 67 |
| 102nd | Argentina | 63 |
| 103rd | Kosovo | 63 |
| 104th | Tunisia | 62 |
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 Malaysia is 35% cheaper than in South Korea
- Cost of living in Costa Rica is 17% more expensive than in Czech Republic
- Cost of living in Palestinian Territory is 84% more expensive than in Vietnam
- Cost of living in Paraguay is 52% cheaper than in Austria
- Cost of living in Paraguay is 20% cheaper than in Nigeria
- Cost of living in Dominican Republic is 20% cheaper than in Belarus
- Cost of living in Thailand is 35% cheaper than in South Korea
- Cost of living in Lithuania is 12% more expensive than in Dominican Republic
- Cost of living in Iceland is 109% more expensive than in Saudi Arabia
- Cost of living in Kosovo is 63% cheaper than in Netherlands