Cost of Living Index by Country
Scale:
- 46: Egypt (cheapest)
- 100: Czech Republic
- 248: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 248 |
| 2nd | Switzerland | 223 |
| 3rd | Singapore | 203 |
| 4th | United Kingdom | 180 |
| 5th | United States | 180 |
| 6th | Hong Kong | 178 |
| 7th | Netherlands | 176 |
| 8th | Ireland | 176 |
| 9th | United Arab Emirates | 158 |
| 10th | Australia | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 53rd | Colombia | 69 |
| 54th | Bolivia | 66 |
| 55th | Indonesia | 62 |
| 56th | Bangladesh | 55 |
| 57th | India | 52 |
| 58th | Paraguay | 48 |
| 59th | Egypt | 46 |
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 Greece is 6% more expensive than in Czech Republic
- Cost of living in Colombia is about the same as in Bolivia
- Cost of living in Russia is 32% cheaper than in Portugal
- Cost of living in Israel is 43% more expensive than in Czech Republic
- Cost of living in South Korea is 34% cheaper than in Hong Kong
- Cost of living in Estonia is 76% more expensive than in Malaysia
- Cost of living in United States is about the same as in Netherlands
- Cost of living in Ecuador is about the same as in Brazil
- Cost of living in Saudi Arabia is 106% more expensive than in Bangladesh
- Cost of living in Malta is 12% cheaper than in New Zealand