Cost of Living Index by Country
Scale:
- 46: Egypt (cheapest)
- 100: Czech Republic
- 249: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 249 |
| 2nd | Switzerland | 226 |
| 3rd | Singapore | 207 |
| 4th | Ireland | 192 |
| 5th | United States | 182 |
| 6th | United Kingdom | 180 |
| 7th | Netherlands | 174 |
| 8th | Hong Kong | 170 |
| 9th | United Arab Emirates | 159 |
| 10th | Australia | 156 |
| … | … | … |
| … | … | … |
| … | … | … |
| 53rd | Malaysia | 70 |
| 54th | Colombia | 67 |
| 55th | Bolivia | 67 |
| 56th | Indonesia | 62 |
| 57th | Bangladesh | 55 |
| 58th | India | 53 |
| 59th | 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 Israel is 168% more expensive than in India
- Cost of living in Hong Kong is 213% more expensive than in Bangladesh
- Cost of living in Saudi Arabia is 9% more expensive than in Portugal
- Cost of living in Slovakia is 64% more expensive than in Indonesia
- Cost of living in Italy is 16% more expensive than in Finland
- Cost of living in Slovakia is 14% cheaper than in South Korea
- Cost of living in Costa Rica is 18% more expensive than in Venezuela
- Cost of living in Bosnia and Herzegovina is 37% more expensive than in Bangladesh
- Cost of living in Hungary is about the same as in Bulgaria
- Cost of living in Russia is 39% cheaper than in Croatia