Cost of Living Index by Country
Scale:
- 54: Egypt (cheapest)
- 100: Czech Republic
- 292: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 292 |
| 2nd | Switzerland | 269 |
| 3rd | Singapore | 237 |
| 4th | United Kingdom | 212 |
| 5th | United States | 195 |
| 6th | Australia | 192 |
| 7th | Netherlands | 183 |
| 8th | Ireland | 183 |
| 9th | New Zealand | 179 |
| 10th | Norway | 173 |
| … | … | … |
| … | … | … |
| … | … | … |
| 56th | Colombia | 75 |
| 57th | Paraguay | 70 |
| 58th | Russia | 69 |
| 59th | Bolivia | 67 |
| 60th | Bangladesh | 62 |
| 61st | India | 60 |
| 62nd | 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 Macao is 90% more expensive than in Colombia
- Cost of living in Saudi Arabia is 77% more expensive than in Paraguay
- Cost of living in United States is 228% more expensive than in India
- Cost of living in Venezuela is 15% more expensive than in Ecuador
- Cost of living in Netherlands is 238% more expensive than in Egypt
- Cost of living in Costa Rica is 18% more expensive than in Venezuela
- Cost of living in Fiji is 44% cheaper than in Poland
- Cost of living in South Africa is 37% cheaper than in Austria
- Cost of living in Japan is 118% more expensive than in India
- Cost of living in Slovenia is 57% more expensive than in Bosnia and Herzegovina