Cost of Living Index by Country
Scale:
- 45: Egypt (cheapest)
- 100: Czech Republic
- 243: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 243 |
| 2nd | Switzerland | 223 |
| 3rd | Singapore | 199 |
| 4th | Netherlands | 181 |
| 5th | United Kingdom | 178 |
| 6th | Hong Kong | 177 |
| 7th | United States | 176 |
| 8th | Ireland | 172 |
| 9th | United Arab Emirates | 158 |
| 10th | Austria | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 49th | Colombia | 69 |
| 50th | Indonesia | 68 |
| 51st | Bolivia | 61 |
| 52nd | Bangladesh | 52 |
| 53rd | India | 50 |
| 54th | Paraguay | 47 |
| 55th | Egypt | 45 |
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 Singapore is 10% more expensive than in Netherlands
- Cost of living in United States is 108% more expensive than in Mexico
- Cost of living in Serbia is 84% more expensive than in Egypt
- Cost of living in Guyana is 18% more expensive than in Brazil
- Cost of living in South Korea is 21% cheaper than in Ireland
- Cost of living in France is 81% more expensive than in China
- Cost of living in Romania is 56% cheaper than in Netherlands
- Cost of living in Russia is 8% more expensive than in Indonesia
- Cost of living in Slovenia is 6% cheaper than in Uruguay
- Cost of living in Russia is 46% cheaper than in France