Cost of Living Index by Country
Scale:
- 47: Egypt (cheapest)
- 100: Czech Republic
- 269: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 269 |
| 2nd | Switzerland | 235 |
| 3rd | Singapore | 214 |
| 4th | United States | 197 |
| 5th | Hong Kong | 192 |
| 6th | United Kingdom | 191 |
| 7th | Netherlands | 187 |
| 8th | Ireland | 182 |
| 9th | United Arab Emirates | 171 |
| 10th | Australia | 166 |
| … | … | … |
| … | … | … |
| … | … | … |
| 51st | Colombia | 73 |
| 52nd | Indonesia | 66 |
| 53rd | Bolivia | 66 |
| 54th | Bangladesh | 56 |
| 55th | India | 54 |
| 56th | Paraguay | 51 |
| 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 Slovakia is 23% more expensive than in China
- Cost of living in Saudi Arabia is about the same as in South Korea
- Cost of living in Mexico is 26% cheaper than in Croatia
- Cost of living in Ukraine is 19% cheaper than in Turkey
- Cost of living in Mexico is 39% cheaper than in France
- Cost of living in Romania is 52% cheaper than in Australia
- Cost of living in New Zealand is 30% cheaper than in Singapore
- Cost of living in Serbia is 25% cheaper than in South Korea
- Cost of living in Bosnia and Herzegovina is 37% cheaper than in Saudi Arabia
- Cost of living in Ukraine is 39% cheaper than in Saudi Arabia