Cost of Living Ranking by Country

Ranking Country Price Index *
1st Switzerland 219
2nd Bahamas 208
3rd Singapore 206
4th Cayman Islands 203
5th Australia 177
6th Hong Kong 171
7th United States 170
8th Ireland 169
9th United Kingdom 166
10th Denmark 165
11th New Zealand 162
12th Norway 157
13th Netherlands 151
14th Sweden 150
15th Canada 148
16th Finland 142
17th United Arab Emirates 140
18th Qatar 139
19th Luxembourg 139
20th Belgium 138
21st Israel 138
22nd France 137
23rd Germany 134
24th Italy 130
25th Austria 128
26th Macao 123
27th Malta 123
28th Uruguay 119
29th Slovenia 109
30th Portugal 106
31st Spain 105
32nd Croatia 104
33rd Palestinian Territory 103
34th Jordan 102
35th Costa Rica 101
36th Czech Republic 100
37th Poland 96
38th Taiwan 96
39th Mexico 95
40th Greece 94
41st Slovakia 92
42nd Panama 92
43rd Guatemala 87
44th China 85
45th Chile 85
46th El Salvador 84
47th Hungary 83
48th Brazil 80
49th Thailand 80
50th Bulgaria 80
51st Guyana 79
52nd Venezuela 78
53rd Ecuador 76
54th South Africa 75
55th Bosnia and Herzegovina 75
56th Romania 74
57th Peru 72
58th Fiji 72
59th Colombia 71
60th Indonesia 70
61st Kenya 69
62nd Russia 66
63rd Vietnam 63
64th Bolivia 62
65th Malaysia 60
66th India 50

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.

Cost of Living Map

Scale:
  • 50: India (cheapest)
  • 100: Czech Republic
  • 219: Switzerland (most expensive)

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