Cost of Living Index by Country
Scale:
- 51: Egypt (cheapest)
- 100: Czech Republic
- 282: Cayman Islands (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Cayman Islands | 282 |
2nd | Switzerland | 249 |
3rd | Singapore | 229 |
4th | Ireland | 199 |
5th | United Kingdom | 198 |
6th | United States | 194 |
7th | Australia | 173 |
8th | New Zealand | 168 |
9th | Norway | 167 |
10th | Canada | 164 |
… | … | … |
… | … | … |
… | … | … |
56th | Indonesia | 72 |
57th | Russia | 68 |
58th | Bolivia | 67 |
59th | Paraguay | 66 |
60th | Bangladesh | 60 |
61st | India | 58 |
62nd | Egypt | 51 |
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 Mexico is 39% cheaper than in Belgium
- Cost of living in Macao is 15% cheaper than in Canada
- Cost of living in Slovenia is 18% cheaper than in France
- Cost of living in Guyana is 23% cheaper than in Uruguay
- Cost of living in Sweden is 66% more expensive than in Serbia
- Cost of living in Canada is 172% more expensive than in Bangladesh
- Cost of living in Venezuela is 41% cheaper than in Australia
- Cost of living in Malta is 48% cheaper than in Switzerland
- Cost of living in South Africa is 55% cheaper than in Ireland
- Cost of living in Estonia is 26% more expensive than in Czech Republic