Cost of Living Index by Country
Scale:
- 50: Egypt (cheapest)
- 100: Czech Republic
- 272: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 272 |
| 2nd | Switzerland | 246 |
| 3rd | Singapore | 224 |
| 4th | Ireland | 200 |
| 5th | United States | 198 |
| 6th | United Kingdom | 195 |
| 7th | Hong Kong | 185 |
| 8th | Netherlands | 181 |
| 9th | United Arab Emirates | 170 |
| 10th | Australia | 167 |
| … | … | … |
| … | … | … |
| … | … | … |
| 54th | Malaysia | 74 |
| 55th | Indonesia | 69 |
| 56th | Bolivia | 65 |
| 57th | Paraguay | 62 |
| 58th | Bangladesh | 58 |
| 59th | India | 57 |
| 60th | Egypt | 50 |
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 Malta is 12% more expensive than in Croatia
- Cost of living in United Kingdom is 71% more expensive than in Spain
- Cost of living in Israel is 31% cheaper than in Singapore
- Cost of living in Ireland is 122% more expensive than in Hungary
- Cost of living in Venezuela is 29% more expensive than in Colombia
- Cost of living in Croatia is 32% more expensive than in Bulgaria
- Cost of living in Bulgaria is 47% cheaper than in Australia
- Cost of living in South Korea is 24% more expensive than in Czech Republic
- Cost of living in Switzerland is 61% more expensive than in Belgium
- Cost of living in Saudi Arabia is 18% cheaper than in France