Cost of Living Index by Country
Scale:
- 54: Egypt (cheapest)
- 100: Czech Republic
- 294: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 294 |
| 2nd | Switzerland | 258 |
| 3rd | Singapore | 234 |
| 4th | United Kingdom | 206 |
| 5th | United States | 201 |
| 6th | Australia | 180 |
| 7th | Ireland | 177 |
| 8th | Norway | 172 |
| 9th | New Zealand | 172 |
| 10th | Israel | 168 |
| … | … | … |
| … | … | … |
| … | … | … |
| 55th | Indonesia | 75 |
| 56th | Paraguay | 70 |
| 57th | Bolivia | 69 |
| 58th | Russia | 67 |
| 59th | Bangladesh | 62 |
| 60th | India | 60 |
| 61st | Egypt | 54 |
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 United States is 112% more expensive than in Serbia
- Cost of living in Fiji is 10% cheaper than in South Africa
- Cost of living in Uruguay is 31% more expensive than in China
- Cost of living in Switzerland is 53% more expensive than in Canada
- Cost of living in Mexico is 35% cheaper than in Germany
- Cost of living in Slovakia is 55% cheaper than in Singapore
- Cost of living in Sweden is 62% more expensive than in Bulgaria
- Cost of living in Italy is 20% cheaper than in Ireland
- Cost of living in Croatia is 21% more expensive than in China
- Cost of living in Serbia is 53% more expensive than in Bangladesh