Cost of Living Index by Country
Scale:
- 48: Egypt (cheapest)
- 100: Czech Republic
- 229: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 229 |
| 2nd | Switzerland | 228 |
| 3rd | Singapore | 212 |
| 4th | United Kingdom | 179 |
| 5th | Hong Kong | 174 |
| 6th | Australia | 170 |
| 7th | United States | 169 |
| 8th | Netherlands | 166 |
| 9th | New Zealand | 160 |
| 10th | Ireland | 160 |
| … | … | … |
| … | … | … |
| … | … | … |
| 60th | Colombia | 66 |
| 61st | Russia | 63 |
| 62nd | Paraguay | 62 |
| 63rd | Bolivia | 59 |
| 64th | Bangladesh | 57 |
| 65th | India | 52 |
| 66th | Egypt | 48 |
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 Peru is 53% cheaper than in Canada
- Cost of living in Cyprus is 9% cheaper than in Austria
- Cost of living in Japan is 67% more expensive than in Indonesia
- Cost of living in South Africa is 38% cheaper than in Austria
- Cost of living in Slovenia is 16% cheaper than in Italy
- Cost of living in Panama is 39% more expensive than in Colombia
- Cost of living in Sweden is 10% more expensive than in Austria
- Cost of living in Slovakia is 103% more expensive than in Egypt
- Cost of living in Serbia is 84% more expensive than in Egypt
- Cost of living in Egypt is 52% cheaper than in Czech Republic