Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 237: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 237 |
| 2nd | Switzerland | 224 |
| 3rd | Singapore | 195 |
| 4th | Netherlands | 177 |
| 5th | United States | 172 |
| 6th | Ireland | 169 |
| 7th | Hong Kong | 168 |
| 8th | United Kingdom | 167 |
| 9th | United Arab Emirates | 155 |
| 10th | Austria | 152 |
| … | … | … |
| … | … | … |
| … | … | … |
| 50th | Colombia | 71 |
| 51st | Ukraine | 67 |
| 52nd | Bolivia | 59 |
| 53rd | Bangladesh | 52 |
| 54th | India | 48 |
| 55th | Paraguay | 47 |
| 56th | Egypt | 44 |
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 137% more expensive than in Czech Republic
- Cost of living in Serbia is 21% cheaper than in Greece
- Cost of living in Switzerland is 64% more expensive than in France
- Cost of living in New Zealand is 35% more expensive than in Portugal
- Cost of living in United Kingdom is 278% more expensive than in Egypt
- Cost of living in Netherlands is 95% more expensive than in Lithuania
- Cost of living in Malta is 45% more expensive than in Mexico
- Cost of living in Ukraine is 14% cheaper than in Romania
- Cost of living in Hong Kong is 17% more expensive than in Canada
- Cost of living in United States is 26% more expensive than in France