Cost of Living Index by Country
Scale:
- 62: Tunisia (cheapest)
- 100: Czech Republic
- 288: Cayman Islands (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Cayman Islands | 288 |
2nd | Hong Kong | 234 |
3rd | Iceland | 234 |
4th | Switzerland | 227 |
5th | Bahamas | 218 |
6th | Norway | 212 |
7th | Zimbabwe | 204 |
8th | Ireland | 201 |
9th | Singapore | 199 |
10th | Denmark | 198 |
… | … | … |
… | … | … |
… | … | … |
97th | Georgia | 69 |
98th | Kazakhstan | 68 |
99th | Paraguay | 68 |
100th | India | 66 |
101st | Argentina | 64 |
102nd | Kosovo | 63 |
103rd | Tunisia | 62 |
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 Malaysia is 54% cheaper than in Ireland
- Cost of living in Romania is 11% cheaper than in Guatemala
- Cost of living in Slovakia is 25% more expensive than in Peru
- Cost of living in Iceland is 55% more expensive than in Germany
- Cost of living in Netherlands is 12% more expensive than in Lebanon
- Cost of living in Taiwan is 78% more expensive than in Mexico
- Cost of living in Mexico is 8% more expensive than in Bosnia and Herzegovina
- Cost of living in South Africa is 41% cheaper than in Finland
- Cost of living in Vietnam is 39% cheaper than in Spain
- Cost of living in Ireland is 14% cheaper than in Hong Kong