Cost of Living Index by Country
Scale:
- 51: Egypt (cheapest)
- 100: Czech Republic
- 249: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 249 |
| 2nd | Singapore | 228 |
| 3rd | Hong Kong | 195 |
| 4th | Australia | 188 |
| 5th | United Kingdom | 184 |
| 6th | United States | 182 |
| 7th | Netherlands | 177 |
| 8th | New Zealand | 177 |
| 9th | Ireland | 172 |
| 10th | Norway | 168 |
| … | … | … |
| … | … | … |
| … | … | … |
| 58th | Colombia | 71 |
| 59th | Russia | 67 |
| 60th | Paraguay | 66 |
| 61st | Bolivia | 62 |
| 62nd | Bangladesh | 60 |
| 63rd | India | 53 |
| 64th | Egypt | 51 |
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 Portugal is 118% more expensive than in Egypt
- Cost of living in Guyana is 21% cheaper than in Greece
- Cost of living in Italy is 67% more expensive than in Ecuador
- Cost of living in Romania is 55% more expensive than in Egypt
- Cost of living in Macao is 33% cheaper than in Hong Kong
- Cost of living in Uruguay is 5% cheaper than in Macao
- Cost of living in Estonia is 35% more expensive than in Bulgaria
- Cost of living in Panama is 54% more expensive than in Russia
- Cost of living in Venezuela is 41% cheaper than in Sweden
- Cost of living in Cyprus is 19% more expensive than in Costa Rica