Cost of Living Index by Country
Scale:
- 54: Egypt (cheapest)
- 100: Czech Republic
- 294: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 294 |
| 2nd | Switzerland | 258 |
| 3rd | Singapore | 234 |
| 4th | United Kingdom | 206 |
| 5th | United States | 201 |
| 6th | Australia | 180 |
| 7th | Ireland | 177 |
| 8th | Norway | 172 |
| 9th | New Zealand | 172 |
| 10th | Israel | 168 |
| … | … | … |
| … | … | … |
| … | … | … |
| 55th | Indonesia | 75 |
| 56th | Paraguay | 70 |
| 57th | Bolivia | 69 |
| 58th | Russia | 67 |
| 59th | Bangladesh | 62 |
| 60th | India | 60 |
| 61st | Egypt | 54 |
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 Indonesia is 47% cheaper than in Germany
- Cost of living in Estonia is 81% more expensive than in Paraguay
- Cost of living in Uruguay is 24% more expensive than in Lithuania
- Cost of living in Serbia is 19% more expensive than in Brazil
- Cost of living in Fiji is 55% cheaper than in Australia
- Cost of living in Saudi Arabia is 14% cheaper than in Finland
- Cost of living in Mexico is 20% more expensive than in Colombia
- Cost of living in Uruguay is 39% more expensive than in Chile
- Cost of living in Costa Rica is 16% cheaper than in Austria
- Cost of living in Estonia is 14% more expensive than in Palestinian Territory