Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 242: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 242 |
| 2nd | Switzerland | 224 |
| 3rd | Singapore | 198 |
| 4th | Netherlands | 182 |
| 5th | United Kingdom | 179 |
| 6th | Hong Kong | 177 |
| 7th | United States | 175 |
| 8th | Ireland | 172 |
| 9th | Austria | 157 |
| 10th | United Arab Emirates | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 50th | Ukraine | 69 |
| 51st | Indonesia | 68 |
| 52nd | Bolivia | 61 |
| 53rd | Bangladesh | 52 |
| 54th | India | 49 |
| 55th | Paraguay | 47 |
| 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 United Kingdom is 64% more expensive than in Spain
- Cost of living in France is 38% more expensive than in Czech Republic
- Cost of living in Estonia is 27% cheaper than in United Kingdom
- Cost of living in Ecuador is 49% cheaper than in Belgium
- Cost of living in Costa Rica is 23% cheaper than in South Korea
- Cost of living in Russia is 57% cheaper than in Ireland
- Cost of living in Slovakia is 35% cheaper than in Australia
- Cost of living in Slovenia is 33% more expensive than in Mexico
- Cost of living in Costa Rica is about the same as in Greece
- Cost of living in South Africa is 53% cheaper than in United Kingdom