Cost of Living Index by Country
Scale:
- 47: Egypt (cheapest)
- 100: Czech Republic
- 269: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 269 |
| 2nd | Switzerland | 235 |
| 3rd | Singapore | 214 |
| 4th | United States | 197 |
| 5th | Hong Kong | 192 |
| 6th | United Kingdom | 191 |
| 7th | Netherlands | 187 |
| 8th | Ireland | 182 |
| 9th | United Arab Emirates | 171 |
| 10th | Australia | 166 |
| … | … | … |
| … | … | … |
| … | … | … |
| 51st | Colombia | 73 |
| 52nd | Indonesia | 66 |
| 53rd | Bolivia | 66 |
| 54th | Bangladesh | 56 |
| 55th | India | 54 |
| 56th | Paraguay | 51 |
| 57th | Egypt | 47 |
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 Austria is 101% more expensive than in Colombia
- Cost of living in Paraguay is 42% cheaper than in Hungary
- Cost of living in Costa Rica is 25% more expensive than in Mexico
- Cost of living in Italy is 10% more expensive than in Spain
- Cost of living in Egypt is 45% cheaper than in China
- Cost of living in Switzerland is 152% more expensive than in Lithuania
- Cost of living in Guyana is 52% cheaper than in United States
- Cost of living in Indonesia is 42% cheaper than in Spain
- Cost of living in Cayman Islands is 15% more expensive than in Switzerland
- Cost of living in Russia is 47% cheaper than in France