Cost of Living Index by Country
Scale:
- 50: Egypt (cheapest)
- 100: Czech Republic
- 249: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 249 |
| 2nd | Cayman Islands | 247 |
| 3rd | Singapore | 229 |
| 4th | Hong Kong | 193 |
| 5th | United Kingdom | 190 |
| 6th | Australia | 189 |
| 7th | United States | 181 |
| 8th | Netherlands | 177 |
| 9th | New Zealand | 176 |
| 10th | Ireland | 172 |
| … | … | … |
| … | … | … |
| … | … | … |
| 59th | Colombia | 71 |
| 60th | Russia | 67 |
| 61st | Paraguay | 65 |
| 62nd | Bolivia | 62 |
| 63rd | Bangladesh | 60 |
| 64th | India | 53 |
| 65th | 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 Estonia is about the same as in Croatia
- Cost of living in Germany is 90% more expensive than in Bosnia and Herzegovina
- Cost of living in Panama is 61% cheaper than in Switzerland
- Cost of living in Japan is 126% more expensive than in India
- Cost of living in Sweden is 8% more expensive than in Finland
- Cost of living in Slovakia is 24% cheaper than in Italy
- Cost of living in Israel is 63% more expensive than in Turkey
- Cost of living in Indonesia is 60% cheaper than in Australia
- Cost of living in France is 61% more expensive than in China
- Cost of living in Slovenia is 31% cheaper than in Norway