Cost of Living Index by Country
Scale:
- 50: Egypt (cheapest)
- 100: Czech Republic
- 272: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 272 |
| 2nd | Switzerland | 246 |
| 3rd | Singapore | 224 |
| 4th | Ireland | 200 |
| 5th | United States | 198 |
| 6th | United Kingdom | 195 |
| 7th | Hong Kong | 185 |
| 8th | Netherlands | 181 |
| 9th | United Arab Emirates | 170 |
| 10th | Australia | 167 |
| … | … | … |
| … | … | … |
| … | … | … |
| 54th | Malaysia | 74 |
| 55th | Indonesia | 69 |
| 56th | Bolivia | 65 |
| 57th | Paraguay | 62 |
| 58th | Bangladesh | 58 |
| 59th | India | 57 |
| 60th | Egypt | 50 |
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 China is 47% cheaper than in Australia
- Cost of living in United States is 168% more expensive than in Malaysia
- Cost of living in Malaysia is 50% cheaper than in France
- Cost of living in Egypt is 44% cheaper than in China
- Cost of living in Estonia is 66% more expensive than in Ukraine
- Cost of living in Ukraine is 11% cheaper than in Mexico
- Cost of living in Costa Rica is 26% cheaper than in Belgium
- Cost of living in Palestinian Territory is 12% more expensive than in Spain
- Cost of living in Slovenia is 7% cheaper than in Uruguay
- Cost of living in South Korea is 39% more expensive than in China