Cost of Living Index by Country
Scale:
- 54: Egypt (cheapest)
- 100: Czech Republic
- 296: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 296 |
| 2nd | Switzerland | 261 |
| 3rd | Singapore | 234 |
| 4th | United Kingdom | 208 |
| 5th | United States | 201 |
| 6th | Australia | 180 |
| 7th | Ireland | 178 |
| 8th | New Zealand | 174 |
| 9th | Norway | 170 |
| 10th | Canada | 168 |
| … | … | … |
| … | … | … |
| … | … | … |
| 55th | Indonesia | 74 |
| 56th | Paraguay | 71 |
| 57th | Russia | 68 |
| 58th | Bolivia | 68 |
| 59th | Bangladesh | 62 |
| 60th | India | 60 |
| 61st | Egypt | 54 |
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 Lithuania is 29% cheaper than in France
- Cost of living in Serbia is 12% more expensive than in Romania
- Cost of living in Slovenia is 49% cheaper than in Singapore
- Cost of living in Palestinian Territory is 12% cheaper than in Japan
- Cost of living in India is 24% cheaper than in Brazil
- Cost of living in Russia is 54% cheaper than in Austria
- Cost of living in United States is 90% more expensive than in Portugal
- Cost of living in Panama is 7% more expensive than in Spain
- Cost of living in Bosnia and Herzegovina is 37% cheaper than in Saudi Arabia
- Cost of living in Saudi Arabia is 16% cheaper than in Belgium