Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 237: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 237 |
| 2nd | Switzerland | 224 |
| 3rd | Singapore | 196 |
| 4th | Netherlands | 177 |
| 5th | United States | 172 |
| 6th | Ireland | 169 |
| 7th | Hong Kong | 168 |
| 8th | United Kingdom | 161 |
| 9th | United Arab Emirates | 155 |
| 10th | Austria | 152 |
| … | … | … |
| … | … | … |
| … | … | … |
| 50th | Colombia | 72 |
| 51st | Ukraine | 67 |
| 52nd | Bolivia | 59 |
| 53rd | Bangladesh | 52 |
| 54th | India | 48 |
| 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 Costa Rica is 5% cheaper than in South Korea
- Cost of living in Saudi Arabia is 10% cheaper than in Italy
- Cost of living in Italy is 13% cheaper than in France
- Cost of living in Estonia is 70% more expensive than in Russia
- Cost of living in Ukraine is 66% cheaper than in Singapore
- Cost of living in Estonia is 42% more expensive than in Lithuania
- Cost of living in South Africa is 14% more expensive than in Brazil
- Cost of living in Venezuela is 7% more expensive than in Russia
- Cost of living in Lithuania is 31% cheaper than in Germany
- Cost of living in Switzerland is 112% more expensive than in South Korea