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 Ukraine is 31% cheaper than in Czech Republic
- Cost of living in Egypt is 71% cheaper than in Australia
- Cost of living in Ireland is about the same as in Hong Kong
- Cost of living in Finland is 33% cheaper than in United Arab Emirates
- Cost of living in Saudi Arabia is 39% cheaper than in United Kingdom
- Cost of living in Switzerland is 146% more expensive than in Lithuania
- Cost of living in France is 5% cheaper than in Belgium
- Cost of living in Lithuania is 19% more expensive than in China
- Cost of living in Italy is 20% more expensive than in Czech Republic
- Cost of living in Ecuador is 48% cheaper than in Belgium