Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 236: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 236 |
| 2nd | Switzerland | 224 |
| 3rd | Singapore | 194 |
| 4th | Netherlands | 177 |
| 5th | Ireland | 174 |
| 6th | United States | 172 |
| 7th | United Kingdom | 168 |
| 8th | Hong Kong | 168 |
| 9th | United Arab Emirates | 154 |
| 10th | Austria | 152 |
| … | … | … |
| … | … | … |
| … | … | … |
| 50th | Colombia | 71 |
| 51st | Ukraine | 67 |
| 52nd | Bolivia | 59 |
| 53rd | Bangladesh | 51 |
| 54th | India | 48 |
| 55th | Paraguay | 46 |
| 56th | Egypt | 44 |
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 Slovenia is 35% more expensive than in Serbia
- Cost of living in Estonia is 18% more expensive than in Spain
- Cost of living in Serbia is 21% cheaper than in Greece
- Cost of living in Estonia is 64% more expensive than in Romania
- Cost of living in Bosnia and Herzegovina is 64% more expensive than in Bangladesh
- Cost of living in Canada is 181% more expensive than in Bangladesh
- Cost of living in Serbia is about the same as in Mexico
- Cost of living in Spain is 112% more expensive than in Bangladesh
- Cost of living in Serbia is 31% cheaper than in South Korea
- Cost of living in Ukraine is 12% cheaper than in Indonesia