Cost of Living Index by Country
Scale:
- 46: Egypt (cheapest)
- 100: Czech Republic
- 252: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 252 |
| 2nd | Switzerland | 226 |
| 3rd | Singapore | 204 |
| 4th | United States | 186 |
| 5th | Netherlands | 184 |
| 6th | United Kingdom | 184 |
| 7th | Hong Kong | 182 |
| 8th | Ireland | 176 |
| 9th | United Arab Emirates | 160 |
| 10th | Australia | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 51st | Ukraine | 71 |
| 52nd | Colombia | 70 |
| 53rd | Bolivia | 63 |
| 54th | Bangladesh | 54 |
| 55th | India | 52 |
| 56th | Paraguay | 48 |
| 57th | 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 Israel is 69% more expensive than in Chile
- Cost of living in Lithuania is 32% cheaper than in Germany
- Cost of living in Netherlands is 128% more expensive than in China
- Cost of living in Turkey is 42% more expensive than in Bolivia
- Cost of living in South Korea is 77% more expensive than in Ecuador
- Cost of living in United States is 75% more expensive than in Greece
- Cost of living in South Africa is 20% cheaper than in Greece
- Cost of living in Turkey is 15% cheaper than in Portugal
- Cost of living in Paraguay is 23% cheaper than in Bolivia
- Cost of living in Israel is 107% more expensive than in Indonesia