Cost of Living Index by Country
Scale:
- 43: Egypt (cheapest)
- 100: Czech Republic
- 240: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 240 |
| 2nd | Switzerland | 223 |
| 3rd | Singapore | 197 |
| 4th | Netherlands | 181 |
| 5th | United Kingdom | 177 |
| 6th | Hong Kong | 176 |
| 7th | United States | 174 |
| 8th | Ireland | 172 |
| 9th | Austria | 157 |
| 10th | United Arab Emirates | 156 |
| … | … | … |
| … | … | … |
| … | … | … |
| 50th | Ukraine | 68 |
| 51st | Indonesia | 67 |
| 52nd | Bolivia | 60 |
| 53rd | Bangladesh | 52 |
| 54th | India | 49 |
| 55th | Paraguay | 46 |
| 56th | Egypt | 43 |
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 Brazil is 47% more expensive than in Bangladesh
- Cost of living in Portugal is 26% cheaper than in France
- Cost of living in Egypt is 27% cheaper than in Bolivia
- Cost of living in Slovakia is 19% more expensive than in Chile
- Cost of living in Ukraine is 46% more expensive than in Paraguay
- Cost of living in Switzerland is 47% more expensive than in Australia
- Cost of living in India is 68% cheaper than in Australia
- Cost of living in Mexico is 12% cheaper than in Hungary
- Cost of living in Estonia is 199% more expensive than in Egypt
- Cost of living in Ukraine is 14% more expensive than in Bolivia