Cost of Living Ranking by Country

Ranking Country Price Index *
1st Cayman Islands 293
2nd Switzerland 255
3rd Iceland 234
4th Norway 228
5th Hong Kong 223
6th Australia 205
7th Ireland 203
8th Singapore 203
9th Denmark 196
10th Qatar 189
11th United Kingdom 189
12th New Zealand 189
13th France 186
14th Luxembourg 184
15th Sweden 182
16th Israel 178
17th United States 176
18th United Arab Emirates 176
19th Japan 176
20th Netherlands 176
21st Finland 175
22nd Canada 162
23rd Germany 156
24th Lebanon 152
25th Belgium 151
26th Austria 149
27th Jamaica 148
28th Italy 146
29th South Korea 145
30th Puerto Rico 143
31st Oman 136
32nd Spain 136
33rd Bahrain 135
34th Uruguay 135
35th Trinidad and Tobago 134
36th Mauritius 134
37th Saudi Arabia 133
38th Malta 132
39th Jordan 132
40th Kuwait 130
41st Brazil 127
42nd Panama 126
43rd Slovenia 126
44th Portugal 121
45th Greece 121
46th Fiji 121
47th Costa Rica 119
48th Cyprus 119
49th Chile 114
50th Zimbabwe 113
51st Taiwan 113
52nd Latvia 112
53rd Dominican Republic 110
54th Croatia 110
55th China 108
56th Kenya 106
57th Argentina 106
58th South Africa 104
59th Guatemala 104
60th Estonia 104
61st Paraguay 102
62nd Namibia 101
63rd Slovakia 101
64th Lithuania 101
65th Czech Republic 100
66th Turkey 100
67th Thailand 100
68th Russia 99
69th Hungary 99
70th El Salvador 94
71st Poland 93
72nd Botswana 91
73rd Peru 89
74th Ecuador 89
75th Malaysia 88
76th Serbia 87
77th Honduras 86
78th Algeria 85
79th Morocco 85
80th Colombia 84
81st Indonesia 84
82nd Mexico 83
83rd Bangladesh 83
84th Philippines 81
85th Romania 81
86th Bulgaria 80
87th Nepal 78
88th Vietnam 77
89th Bolivia 77
90th Macedonia 74
91st Armenia 73
92nd Bosnia and Herzegovina 72
93rd Kosovo 72
94th Albania 72
95th Georgia 71
96th Sri Lanka 70
97th Kazakhstan 69
98th Nicaragua 68
99th Azerbaijan 65
100th India 65
101st Ukraine 64
102nd Moldova 64
103rd Tunisia 61
104th Egypt 52

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:
  • 52: Egypt (cheapest)
  • 100: Czech Republic
  • 293: Cayman Islands (most expensive)