Cost of Living Ranking by Country

Ranking Country Price Index *
1st Cayman Islands 286
2nd Switzerland 248
3rd Iceland 237
4th Norway 226
5th Hong Kong 218
6th Australia 204
7th Ireland 202
8th Singapore 201
9th United Kingdom 195
10th Denmark 193
11th New Zealand 186
12th Qatar 185
13th Luxembourg 185
14th France 185
15th Sweden 182
16th Israel 180
17th Netherlands 176
18th Finland 173
19th United Arab Emirates 173
20th United States 172
21st Japan 170
22nd Canada 164
23rd Ethiopia 158
24th Germany 154
25th Belgium 150
26th Austria 150
27th Italy 145
28th South Korea 142
29th Puerto Rico 142
30th Lebanon 142
31st Bahrain 138
32nd Spain 136
33rd Jamaica 134
34th Oman 132
35th Uruguay 132
36th Mauritius 132
37th Malta 132
38th Trinidad and Tobago 128
39th Brazil 126
40th Panama 126
41st Slovenia 124
42nd Jordan 122
43rd Kuwait 122
44th Saudi Arabia 121
45th Greece 120
46th Portugal 118
47th Fiji 117
48th Cyprus 117
49th Chile 115
50th Costa Rica 115
51st Latvia 112
52nd Taiwan 112
53rd China 108
54th Argentina 107
55th Dominican Republic 107
56th Croatia 106
57th Kenya 104
58th Zimbabwe 104
59th Estonia 104
60th South Africa 103
61st Russia 101
62nd Slovakia 101
63rd Lithuania 101
64th Czech Republic 100
65th Guatemala 100
66th Thailand 100
67th Namibia 100
68th Turkey 99
69th Hungary 97
70th Paraguay 95
71st Poland 92
72nd El Salvador 92
73rd Montenegro 91
74th Malaysia 89
75th Ecuador 88
76th Peru 88
77th Botswana 86
78th Colombia 86
79th Serbia 86
80th Honduras 85
81st Indonesia 83
82nd Mexico 82
83rd Algeria 82
84th Romania 81
85th Bulgaria 80
86th Tanzania 79
87th Morocco 79
88th Nepal 78
89th Bangladesh 77
90th Philippines 77
91st Vietnam 76
92nd Bolivia 75
93rd Macedonia 74
94th Albania 73
95th Kosovo 72
96th Armenia 72
97th Bosnia and Herzegovina 71
98th Georgia 71
99th Sri Lanka 69
100th Kazakhstan 67
101st Nicaragua 66
102nd Moldova 65
103rd Azerbaijan 65
104th India 64
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
  • 286: Cayman Islands (most expensive)

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