Cost of Living Ranking by Country

Ranking Country Price Index *
1st Cayman Islands 288
2nd Hong Kong 235
3rd Iceland 234
4th Switzerland 227
5th Bahamas 219
6th Norway 213
7th Zimbabwe 204
8th Ireland 200
9th Singapore 199
10th Denmark 198
11th Qatar 194
12th Israel 191
13th United Kingdom 181
14th Luxembourg 177
15th New Zealand 176
16th United States 175
17th Australia 174
18th United Arab Emirates 174
19th Japan 173
20th Netherlands 171
21st France 171
22nd Finland 171
23rd Sweden 167
24th Canada 158
25th Lebanon 157
26th Belgium 152
27th Taiwan 151
28th Germany 151
29th Mauritius 149
30th Palestinian Territory 147
31st Austria 144
32nd South Korea 143
33rd Bahrain 137
34th Italy 137
35th Puerto Rico 136
36th Malta 134
37th Oman 133
38th Spain 129
39th Cyprus 127
40th Jamaica 126
41st Panama 121
42nd Jordan 121
43rd Costa Rica 120
44th Greece 118
45th Uruguay 118
46th Slovenia 118
47th Portugal 116
48th Estonia 114
49th Latvia 108
50th Saudi Arabia 107
51st Belarus 107
52nd Croatia 106
53rd Slovakia 104
54th El Salvador 102
55th South Africa 101
56th Czech Republic 100
57th Lithuania 99
58th Chile 99
59th Brazil 99
60th China 98
61st Kenya 96
62nd Russia 95
63rd Ecuador 93
64th Iraq 92
65th Poland 92
66th Hungary 92
67th Malaysia 92
68th Philippines 90
69th Botswana 90
70th Guatemala 89
71st Thailand 89
72nd Dominican Republic 88
73rd Albania 88
74th Indonesia 87
75th Nigeria 87
76th Mexico 86
77th Serbia 84
78th Peru 83
79th Bangladesh 83
80th Ukraine 82
81st Bulgaria 82
82nd Bolivia 82
83rd Morocco 81
84th Turkey 81
85th Romania 79
86th Bosnia and Herzegovina 79
87th Uganda 79
88th Nicaragua 79
89th Vietnam 79
90th Colombia 78
91st Egypt 74
92nd Armenia 74
93rd Algeria 74
94th Macedonia 74
95th Tanzania 74
96th Azerbaijan 72
97th Georgia 69
98th Kazakhstan 68
99th Paraguay 68
100th India 66
101st Argentina 64
102nd Kosovo 63
103rd Tunisia 62

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:
  • 62: Tunisia (cheapest)
  • 100: Czech Republic
  • 288: Cayman Islands (most expensive)