Cost of Living Index by Country
Scale:
- 46: Egypt (cheapest)
- 100: Czech Republic
- 248: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 248 |
| 2nd | Switzerland | 223 |
| 3rd | Singapore | 203 |
| 4th | United Kingdom | 181 |
| 5th | United States | 180 |
| 6th | Hong Kong | 178 |
| 7th | Netherlands | 176 |
| 8th | Ireland | 176 |
| 9th | United Arab Emirates | 158 |
| 10th | Australia | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 53rd | Colombia | 69 |
| 54th | Bolivia | 66 |
| 55th | Indonesia | 62 |
| 56th | Bangladesh | 55 |
| 57th | India | 52 |
| 58th | Paraguay | 48 |
| 59th | Egypt | 46 |
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 Russia is 59% cheaper than in Netherlands
- Cost of living in South Africa is 29% cheaper than in South Korea
- Cost of living in Slovenia is 28% cheaper than in Australia
- Cost of living in Uruguay is 13% more expensive than in Portugal
- Cost of living in Uruguay is 38% more expensive than in Bulgaria
- Cost of living in New Zealand is 23% more expensive than in Croatia
- Cost of living in Venezuela is 52% cheaper than in United Kingdom
- Cost of living in Portugal is 128% more expensive than in Egypt
- Cost of living in India is 62% cheaper than in France
- Cost of living in Switzerland is 24% more expensive than in United States