English
EspañolCost of Living Index by Country
Scale:
- 22: Ghana (cheapest)
- 100: Czech Republic
- 258: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 258 |
| 2nd | Hong Kong | 233 |
| 3rd | Iceland | 230 |
| 4th | Switzerland | 223 |
| 5th | Bahamas | 221 |
| 6th | Norway | 213 |
| 7th | Qatar | 206 |
| 8th | Ireland | 199 |
| 9th | Singapore | 193 |
| 10th | Denmark | 189 |
| … | … | … |
| … | … | … |
| … | … | … |
| 100th | Ukraine | 71 |
| 101st | Azerbaijan | 70 |
| 102nd | Kazakhstan | 69 |
| 103rd | Tunisia | 68 |
| 104th | Georgia | 68 |
| 105th | Namibia | 28 |
| 106th | Ghana | 22 |
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 Morocco is 13% more expensive than in Bosnia and Herzegovina
- Cost of living in Saudi Arabia is 9% more expensive than in Croatia
- Cost of living in Germany is about the same as in Belgium
- Cost of living in Peru is 35% cheaper than in Italy
- Cost of living in Botswana is 23% cheaper than in South Korea
- Cost of living in Paraguay is 28% cheaper than in Portugal
- Cost of living in Switzerland is 28% more expensive than in United States
- Cost of living in Kazakhstan is 36% cheaper than in Chile
- Cost of living in Poland is 36% cheaper than in Austria
- Cost of living in Mauritius is about the same as in Jordan