Cost of Living Index by Country
Scale:
- 52: Egypt (cheapest)
- 100: Czech Republic
- 283: Cayman Islands (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Cayman Islands | 283 |
2nd | Switzerland | 248 |
3rd | Singapore | 226 |
4th | Ireland | 199 |
5th | United Kingdom | 199 |
6th | United States | 195 |
7th | Australia | 174 |
8th | New Zealand | 168 |
9th | Norway | 168 |
10th | Canada | 165 |
… | … | … |
… | … | … |
… | … | … |
55th | Indonesia | 72 |
56th | Russia | 68 |
57th | Bolivia | 67 |
58th | Paraguay | 66 |
59th | Bangladesh | 60 |
60th | India | 58 |
61st | Egypt | 52 |
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 Guyana is 11% more expensive than in Mexico
- Cost of living in Portugal is 45% more expensive than in Indonesia
- Cost of living in Uruguay is 46% more expensive than in Hungary
- Cost of living in Croatia is 6% more expensive than in Greece
- Cost of living in Israel is 23% more expensive than in Italy
- Cost of living in Cayman Islands is 168% more expensive than in Slovakia
- Cost of living in Malta is 38% more expensive than in China
- Cost of living in Czech Republic is 32% cheaper than in Austria
- Cost of living in Peru is 62% cheaper than in Ireland
- Cost of living in Ecuador is 13% cheaper than in Czech Republic