Cost of Living Index by Country
Scale:
- 45: Egypt (cheapest)
- 100: Czech Republic
- 247: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 247 |
| 2nd | Switzerland | 222 |
| 3rd | Singapore | 202 |
| 4th | United Kingdom | 181 |
| 5th | United States | 178 |
| 6th | Hong Kong | 178 |
| 7th | Ireland | 175 |
| 8th | Netherlands | 175 |
| 9th | United Arab Emirates | 157 |
| 10th | Australia | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 53rd | Colombia | 68 |
| 54th | Bolivia | 62 |
| 55th | Indonesia | 61 |
| 56th | Bangladesh | 54 |
| 57th | India | 52 |
| 58th | Paraguay | 48 |
| 59th | Egypt | 45 |
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 Malta is 12% cheaper than in Israel
- Cost of living in Netherlands is 75% more expensive than in Czech Republic
- Cost of living in Canada is 4% cheaper than in Australia
- Cost of living in Israel is 16% more expensive than in Italy
- Cost of living in Romania is 47% cheaper than in Canada
- Cost of living in Costa Rica is 119% more expensive than in Paraguay
- Cost of living in Saudi Arabia is 106% more expensive than in Bangladesh
- Cost of living in Uruguay is 36% more expensive than in Bulgaria
- Cost of living in United States is 188% more expensive than in Bolivia
- Cost of living in Uruguay is 37% more expensive than in Hungary