Cost of Living Index by Country
Scale:
- 52: Egypt (cheapest)
- 100: Czech Republic
- 315: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 315 |
| 2nd | Switzerland | 270 |
| 3rd | Iceland | 258 |
| 4th | Hong Kong | 246 |
| 5th | Norway | 227 |
| 6th | Singapore | 219 |
| 7th | Australia | 210 |
| 8th | United Kingdom | 209 |
| 9th | Ireland | 209 |
| 10th | Qatar | 204 |
| … | … | … |
| … | … | … |
| … | … | … |
| 77th | Macedonia | 77 |
| 78th | Bosnia and Herzegovina | 75 |
| 79th | Georgia | 71 |
| 80th | India | 70 |
| 81st | Ukraine | 67 |
| 82nd | Tunisia | 66 |
| 83rd | Egypt | 52 |
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 United States is 24% more expensive than in Belgium
- Cost of living in Costa Rica is 71% more expensive than in Bosnia and Herzegovina
- Cost of living in Slovenia is 55% more expensive than in Romania
- Cost of living in Iceland is 62% more expensive than in Lebanon
- Cost of living in Kenya is 9% cheaper than in Greece
- Cost of living in Kuwait is 30% cheaper than in New Zealand
- Cost of living in Portugal is 42% cheaper than in Ireland
- Cost of living in Pakistan is 56% cheaper than in Germany
- Cost of living in Iceland is 34% more expensive than in France
- Cost of living in Namibia is 18% cheaper than in Brazil