Cost of Living Index by Country
Scale:
- 48: Egypt (cheapest)
- 100: Czech Republic
- 268: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 268 |
| 2nd | Switzerland | 244 |
| 3rd | Singapore | 221 |
| 4th | Ireland | 198 |
| 5th | United States | 196 |
| 6th | United Kingdom | 193 |
| 7th | Hong Kong | 182 |
| 8th | Netherlands | 179 |
| 9th | United Arab Emirates | 167 |
| 10th | Australia | 166 |
| … | … | … |
| … | … | … |
| … | … | … |
| 54th | Malaysia | 73 |
| 55th | Indonesia | 68 |
| 56th | Bolivia | 64 |
| 57th | Paraguay | 62 |
| 58th | Bangladesh | 57 |
| 59th | India | 56 |
| 60th | Egypt | 48 |
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 Portugal is 116% more expensive than in Egypt
- Cost of living in Slovenia is 49% more expensive than in Brazil
- Cost of living in Bosnia and Herzegovina is 14% cheaper than in China
- Cost of living in Switzerland is 179% more expensive than in Serbia
- Cost of living in Japan is 14% more expensive than in Greece
- Cost of living in Israel is 31% cheaper than in Singapore
- Cost of living in Ukraine is 49% cheaper than in France
- Cost of living in Uruguay is 32% more expensive than in Chile
- Cost of living in Croatia is 53% more expensive than in Colombia
- Cost of living in China is 42% cheaper than in Belgium