Cost of Living Ranking by Country

Ranking Country Price Index *
1st Cayman Islands 282
2nd Switzerland 243
3rd Iceland 234
4th Norway 227
5th Hong Kong 217
6th Australia 203
7th Ireland 202
8th Singapore 200
9th United Kingdom 194
10th Denmark 193
11th Qatar 190
12th New Zealand 185
13th Luxembourg 185
14th France 184
15th Sweden 181
16th Israel 181
17th Netherlands 175
18th Finland 173
19th United Arab Emirates 172
20th United States 172
21st Japan 167
22nd Canada 162
23rd Germany 154
24th Belgium 149
25th Austria 149
26th Italy 145
27th South Korea 142
28th Puerto Rico 141
29th Lebanon 139
30th Spain 135
31st Ethiopia 135
32nd Bahrain 134
33rd Uruguay 133
34th Oman 132
35th Malta 131
36th Mauritius 131
37th Trinidad and Tobago 127
38th Kuwait 126
39th Panama 125
40th Jamaica 125
41st Brazil 124
42nd Slovenia 124
43rd Jordan 122
44th Greece 121
45th Saudi Arabia 119
46th Portugal 118
47th Fiji 118
48th Cyprus 117
49th Costa Rica 115
50th Chile 115
51st Latvia 112
52nd Taiwan 109
53rd China 107
54th Dominican Republic 106
55th Croatia 106
56th Argentina 105
57th Zimbabwe 104
58th Kenya 104
59th Estonia 103
60th South Africa 102
61st Slovakia 101
62nd Russia 101
63rd Lithuania 101
64th Czech Republic 100
65th Thailand 99
66th Guatemala 99
67th Namibia 99
68th Turkey 98
69th Hungary 96
70th Paraguay 94
71st Poland 92
72nd El Salvador 92
73rd Montenegro 91
74th Malaysia 89
75th Ecuador 88
76th Peru 88
77th Serbia 86
78th Botswana 86
79th Colombia 85
80th Honduras 84
81st Indonesia 82
82nd Mexico 81
83rd Romania 81
84th Algeria 80
85th Tanzania 80
86th Bulgaria 80
87th Morocco 79
88th Philippines 78
89th Nepal 78
90th Vietnam 76
91st Bangladesh 76
92nd Bolivia 74
93rd Macedonia 74
94th Albania 72
95th Kosovo 72
96th Bosnia and Herzegovina 71
97th Armenia 70
98th Georgia 69
99th Sri Lanka 68
100th Kazakhstan 67
101st Nicaragua 65
102nd Moldova 65
103rd Azerbaijan 64
104th India 63
105th Ukraine 63
106th Tunisia 59
107th Egypt 55

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:
  • 55: Egypt (cheapest)
  • 100: Czech Republic
  • 282: Cayman Islands (most expensive)