Cost of Living Index by Country
Scale:
- 51: Egypt (cheapest)
- 100: Czech Republic
- 249: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 249 |
| 2nd | Singapore | 228 |
| 3rd | Hong Kong | 194 |
| 4th | Australia | 186 |
| 5th | United Kingdom | 183 |
| 6th | United States | 182 |
| 7th | Netherlands | 176 |
| 8th | New Zealand | 175 |
| 9th | Ireland | 172 |
| 10th | Norway | 166 |
| … | … | … |
| … | … | … |
| … | … | … |
| 58th | Colombia | 70 |
| 59th | Russia | 67 |
| 60th | Paraguay | 65 |
| 61st | Bolivia | 62 |
| 62nd | Bangladesh | 60 |
| 63rd | India | 53 |
| 64th | 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 Greece is 77% more expensive than in Bangladesh
- Cost of living in Peru is about the same as in Indonesia
- Cost of living in New Zealand is 24% more expensive than in Finland
- Cost of living in New Zealand is 246% more expensive than in Egypt
- Cost of living in Costa Rica is 24% more expensive than in South Africa
- Cost of living in Cyprus is 36% cheaper than in Hong Kong
- Cost of living in Guyana is about the same as in Mexico
- Cost of living in Czech Republic is 16% more expensive than in Bulgaria
- Cost of living in Slovakia is 59% more expensive than in Paraguay
- Cost of living in Sweden is 52% more expensive than in Czech Republic