Cost of Living Index by Country
Scale:
- 49: Egypt (cheapest)
- 100: Czech Republic
- 271: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 271 |
| 2nd | Switzerland | 244 |
| 3rd | Singapore | 223 |
| 4th | Ireland | 199 |
| 5th | United States | 197 |
| 6th | United Kingdom | 193 |
| 7th | Hong Kong | 183 |
| 8th | Netherlands | 180 |
| 9th | United Arab Emirates | 168 |
| 10th | Australia | 164 |
| … | … | … |
| … | … | … |
| … | … | … |
| 55th | Malaysia | 72 |
| 56th | Indonesia | 68 |
| 57th | Bolivia | 65 |
| 58th | Paraguay | 62 |
| 59th | Bangladesh | 57 |
| 60th | India | 56 |
| 61st | Egypt | 49 |
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 Cayman Islands is 110% more expensive than in Malta
- Cost of living in Palestinian Territory is 18% more expensive than in Greece
- Cost of living in Singapore is 51% more expensive than in France
- Cost of living in Israel is 48% more expensive than in Portugal
- Cost of living in Japan is 64% more expensive than in Brazil
- Cost of living in Israel is 6% cheaper than in Australia
- Cost of living in Philippines is 43% cheaper than in United Arab Emirates
- Cost of living in United States is 243% more expensive than in Bangladesh
- Cost of living in Fiji is 63% cheaper than in United States
- Cost of living in Slovakia is 28% more expensive than in Ecuador