Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 237: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 237 |
| 2nd | Switzerland | 224 |
| 3rd | Singapore | 196 |
| 4th | Netherlands | 177 |
| 5th | United States | 172 |
| 6th | Ireland | 169 |
| 7th | Hong Kong | 168 |
| 8th | United Kingdom | 161 |
| 9th | United Arab Emirates | 155 |
| 10th | Austria | 152 |
| … | … | … |
| … | … | … |
| … | … | … |
| 50th | Ecuador | 69 |
| 51st | Ukraine | 67 |
| 52nd | Bolivia | 60 |
| 53rd | Bangladesh | 52 |
| 54th | India | 48 |
| 55th | Paraguay | 47 |
| 56th | Egypt | 44 |
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 Singapore is 85% more expensive than in South Korea
- Cost of living in Austria is 61% more expensive than in Hungary
- Cost of living in United States is 90% more expensive than in Lithuania
- Cost of living in Indonesia is 50% cheaper than in Australia
- Cost of living in New Zealand is 19% cheaper than in Ireland
- Cost of living in Mexico is 12% more expensive than in Indonesia
- Cost of living in Guyana is 20% cheaper than in Saudi Arabia
- Cost of living in Portugal is 50% more expensive than in Ecuador
- Cost of living in Slovakia is about the same as in Spain
- Cost of living in Israel is 16% cheaper than in United States