Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 235: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 235 |
| 2nd | Switzerland | 223 |
| 3rd | Singapore | 194 |
| 4th | Netherlands | 180 |
| 5th | Ireland | 174 |
| 6th | Hong Kong | 173 |
| 7th | United States | 170 |
| 8th | United Kingdom | 167 |
| 9th | United Arab Emirates | 153 |
| 10th | Austria | 152 |
| … | … | … |
| … | … | … |
| … | … | … |
| 50th | Peru | 70 |
| 51st | Ukraine | 67 |
| 52nd | Bolivia | 58 |
| 53rd | Bangladesh | 51 |
| 54th | India | 49 |
| 55th | Paraguay | 46 |
| 56th | Egypt | 44 |
See the full Cost of Living Ranking by Country
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.
Other Country Comparisons
- Cost of living in Slovenia is 35% cheaper than in United States
- Cost of living in Singapore is 70% more expensive than in Croatia
- Cost of living in Spain is 48% more expensive than in Brazil
- Cost of living in Croatia is 55% more expensive than in China
- Cost of living in Cayman Islands is 380% more expensive than in India
- Cost of living in Bosnia and Herzegovina is about the same as in South Africa
- Cost of living in Malta is 152% more expensive than in India
- Cost of living in Slovakia is 51% more expensive than in Peru
- Cost of living in Bosnia and Herzegovina is 35% cheaper than in Germany
- Cost of living in Costa Rica is 42% cheaper than in Hong Kong