Cost of Living Ranking by Country

Ranking Country Price Index *
1st Cayman Islands 280
2nd Hong Kong 231
3rd Switzerland 228
4th Iceland 224
5th Bahamas 214
6th Norway 207
7th Singapore 197
8th Ireland 196
9th Qatar 190
10th Denmark 190
11th Israel 184
12th Luxembourg 177
13th New Zealand 176
14th United Kingdom 175
15th United States 172
16th Japan 169
17th United Arab Emirates 168
18th Finland 166
19th Australia 165
20th Netherlands 165
21st France 164
22nd Lebanon 159
23rd Sweden 158
24th Canada 155
25th Taiwan 154
26th Germany 148
27th Palestinian Territory 146
28th Mauritius 146
29th Belgium 145
30th South Korea 144
31st Austria 138
32nd Puerto Rico 137
33rd Italy 134
34th Bahrain 131
35th Oman 130
36th Cyprus 130
37th Malta 130
38th Trinidad and Tobago 126
39th Jamaica 126
40th Spain 126
41st Slovenia 122
42nd Jordan 120
43rd Uruguay 118
44th Costa Rica 117
45th Panama 116
46th Greece 114
47th Estonia 113
48th Portugal 113
49th Saudi Arabia 106
50th Latvia 105
51st Thailand 105
52nd Croatia 105
53rd Lithuania 103
54th Slovakia 102
55th Czech Republic 100
56th China 100
57th El Salvador 98
58th South Africa 98
59th Kenya 97
60th Chile 96
61st Brazil 94
62nd Malaysia 93
63rd Russia 92
64th Poland 90
65th Ecuador 90
66th Botswana 90
67th Hungary 89
68th Indonesia 89
69th Guatemala 87
70th Albania 86
71st Dominican Republic 86
72nd Philippines 86
73rd Mexico 86
74th Peru 84
75th Serbia 84
76th Morocco 82
77th Bulgaria 80
78th Bolivia 80
79th Ukraine 78
80th Uganda 78
81st Romania 78
82nd Turkey 78
83rd Vietnam 78
84th Egypt 77
85th Colombia 77
86th Bosnia and Herzegovina 77
87th Nicaragua 76
88th Moldova 75
89th Azerbaijan 75
90th Kazakhstan 73
91st Algeria 72
92nd Tanzania 70
93rd Georgia 70
94th Paraguay 68
95th Tunisia 65
96th India 64

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:
  • 64: India (cheapest)
  • 100: Czech Republic
  • 280: Cayman Islands (most expensive)

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