Cost of Living Index by Country
Scale:
- 56: India (cheapest)
- 100: Czech Republic
- 264: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 264 |
| 2nd | Switzerland | 233 |
| 3rd | Hong Kong | 227 |
| 4th | Bahamas | 223 |
| 5th | Iceland | 220 |
| 6th | Ireland | 205 |
| 7th | Singapore | 196 |
| 8th | Norway | 195 |
| 9th | Qatar | 188 |
| 10th | New Zealand | 187 |
| … | … | … |
| … | … | … |
| … | … | … |
| 68th | Egypt | 65 |
| 69th | Peru | 65 |
| 70th | Azerbaijan | 65 |
| 71st | Turkey | 64 |
| 72nd | Tunisia | 63 |
| 73rd | Kazakhstan | 59 |
| 74th | India | 56 |
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 Sweden is 77% more expensive than in Poland
- Cost of living in South Africa is about the same as in Jordan
- Cost of living in Morocco is 35% cheaper than in Spain
- Cost of living in India is 40% cheaper than in Chile
- Cost of living in Indonesia is 54% cheaper than in Finland
- Cost of living in Singapore is 137% more expensive than in Mexico
- Cost of living in Uruguay is 11% cheaper than in Italy
- Cost of living in Singapore is 10% more expensive than in Australia
- Cost of living in Oman is about the same as in Latvia
- Cost of living in Vietnam is 54% cheaper than in United States