Cost of Living Index by Country
Scale:
- 49: Egypt (cheapest)
- 100: Czech Republic
- 270: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 270 |
| 2nd | Switzerland | 244 |
| 3rd | Singapore | 221 |
| 4th | Ireland | 199 |
| 5th | United States | 196 |
| 6th | United Kingdom | 193 |
| 7th | Hong Kong | 182 |
| 8th | Netherlands | 180 |
| 9th | United Arab Emirates | 167 |
| 10th | Australia | 166 |
| … | … | … |
| … | … | … |
| … | … | … |
| 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 Slovenia is 27% cheaper than in New Zealand
- Cost of living in Guyana is 29% cheaper than in Malta
- Cost of living in Serbia is 54% cheaper than in United Kingdom
- Cost of living in Malaysia is 6% cheaper than in Colombia
- Cost of living in Mexico is 39% cheaper than in Finland
- Cost of living in Uruguay is about the same as in South Korea
- Cost of living in Guyana is about the same as in Hungary
- Cost of living in Saudi Arabia is 11% more expensive than in Greece
- Cost of living in Italy is 93% more expensive than in Indonesia
- Cost of living in Saudi Arabia is 28% cheaper than in Australia