Cost of Living Ranking by Country

Ranking Country Price Index *
1st Cayman Islands 308
2nd Switzerland 276
3rd Iceland 260
4th Hong Kong 244
5th Norway 226
6th Singapore 213
7th Australia 209
8th Ireland 207
9th New Zealand 203
10th Qatar 202
11th United Kingdom 202
12th Denmark 199
13th Israel 192
14th France 191
15th United States 190
16th United Arab Emirates 188
17th Luxembourg 186
18th Japan 183
19th Netherlands 180
20th Finland 177
21st Sweden 176
22nd Canada 166
23rd Lebanon 160
24th South Korea 158
25th Germany 158
26th Belgium 154
27th Puerto Rico 152
28th Austria 152
29th Italy 149
30th Saudi Arabia 146
31st Oman 146
32nd Uruguay 144
33rd Trinidad and Tobago 143
34th Bahrain 143
35th Jordan 142
36th Panama 139
37th Spain 138
38th Kuwait 135
39th Slovenia 128
40th Brazil 128
41st Costa Rica 127
42nd Zimbabwe 123
43rd Portugal 122
44th Greece 121
45th Taiwan 120
46th Chile 120
47th Cyprus 119
48th Dominican Republic 116
49th Argentina 116
50th Latvia 115
51st China 115
52nd South Africa 112
53rd Croatia 111
54th Kenya 110
55th Namibia 110
56th Guatemala 110
57th El Salvador 108
58th Turkey 106
59th Estonia 105
60th Russia 105
61st Lithuania 104
62nd Thailand 104
63rd Slovakia 102
64th Czech Republic 100
65th Paraguay 99
66th Hungary 99
67th Peru 99
68th Ecuador 96
69th Botswana 95
70th Poland 95
71st Malaysia 92
72nd Indonesia 90
73rd Philippines 89
74th Colombia 88
75th Mexico 88
76th Bangladesh 88
77th Serbia 86
78th Romania 82
79th Bolivia 82
80th Bulgaria 81
81st Vietnam 80
82nd Nepal 79
83rd Macedonia 76
84th Bosnia and Herzegovina 74
85th Sri Lanka 74
86th Kosovo 73
87th Azerbaijan 72
88th Georgia 70
89th India 69
90th Ukraine 67
91st Tunisia 64
92nd 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
  • 308: Cayman Islands (most expensive)