Cost of Living Index by Country
Scale:
- 48: Egypt (cheapest)
- 100: Czech Republic
- 228: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 228 |
| 2nd | Switzerland | 227 |
| 3rd | Singapore | 203 |
| 4th | United Kingdom | 177 |
| 5th | Australia | 175 |
| 6th | Hong Kong | 171 |
| 7th | United States | 170 |
| 8th | Netherlands | 165 |
| 9th | New Zealand | 161 |
| 10th | Norway | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 60th | Malaysia | 66 |
| 61st | Russia | 63 |
| 62nd | Paraguay | 62 |
| 63rd | Bolivia | 59 |
| 64th | Bangladesh | 57 |
| 65th | India | 52 |
| 66th | Egypt | 48 |
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 Venezuela is 56% cheaper than in Singapore
- Cost of living in Luxembourg is 69% more expensive than in Hungary
- Cost of living in Turkey is 42% cheaper than in Canada
- Cost of living in Slovakia is 49% more expensive than in Colombia
- Cost of living in Serbia is 4% more expensive than in China
- Cost of living in Cayman Islands is 379% more expensive than in Egypt
- Cost of living in Poland is 121% more expensive than in Bangladesh
- Cost of living in Saudi Arabia is 70% more expensive than in Paraguay
- Cost of living in Slovenia is 15% cheaper than in Austria
- Cost of living in Panama is 12% cheaper than in Spain