Cost of Living Index by Country
Scale:
- 47: Egypt (cheapest)
- 100: Czech Republic
- 261: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 261 |
| 2nd | Switzerland | 232 |
| 3rd | Singapore | 211 |
| 4th | United States | 193 |
| 5th | United Kingdom | 188 |
| 6th | Hong Kong | 188 |
| 7th | Netherlands | 183 |
| 8th | Ireland | 180 |
| 9th | United Arab Emirates | 167 |
| 10th | Australia | 163 |
| … | … | … |
| … | … | … |
| … | … | … |
| 51st | Colombia | 72 |
| 52nd | Indonesia | 65 |
| 53rd | Bolivia | 64 |
| 54th | Bangladesh | 55 |
| 55th | India | 53 |
| 56th | Paraguay | 49 |
| 57th | Egypt | 47 |
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 Saudi Arabia is 147% more expensive than in Egypt
- Cost of living in Turkey is 44% cheaper than in Australia
- Cost of living in Cayman Islands is 141% more expensive than in Costa Rica
- Cost of living in Saudi Arabia is 30% more expensive than in Chile
- Cost of living in Austria is 5% cheaper than in Israel
- Cost of living in Hungary is 20% cheaper than in Greece
- Cost of living in Slovakia is 12% cheaper than in Croatia
- Cost of living in India is 4% cheaper than in Bangladesh
- Cost of living in Venezuela is 52% cheaper than in United Kingdom
- Cost of living in Serbia is 54% cheaper than in United Kingdom