Cost of Living Index by Country
Scale:
- 46: Egypt (cheapest)
- 100: Czech Republic
- 265: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 265 |
| 2nd | Switzerland | 234 |
| 3rd | Singapore | 213 |
| 4th | United States | 196 |
| 5th | United Kingdom | 190 |
| 6th | Hong Kong | 190 |
| 7th | Netherlands | 182 |
| 8th | Ireland | 182 |
| 9th | United Arab Emirates | 169 |
| 10th | Australia | 164 |
| … | … | … |
| … | … | … |
| … | … | … |
| 51st | Colombia | 72 |
| 52nd | Indonesia | 65 |
| 53rd | Bolivia | 65 |
| 54th | Bangladesh | 56 |
| 55th | India | 53 |
| 56th | Paraguay | 50 |
| 57th | Egypt | 46 |
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 Philippines is 49% more expensive than in Indonesia
- Cost of living in Guyana is 35% cheaper than in France
- Cost of living in Portugal is 46% more expensive than in Peru
- Cost of living in United Kingdom is 165% more expensive than in Colombia
- Cost of living in Hungary is 54% cheaper than in United Kingdom
- Cost of living in India is 54% cheaper than in Spain
- Cost of living in Costa Rica is 23% more expensive than in Turkey
- Cost of living in Costa Rica is 11% cheaper than in Uruguay
- Cost of living in Israel is 57% more expensive than in Philippines
- Cost of living in Egypt is 72% cheaper than in Australia