Cost of Living Index by Country
Scale:
- 56: India (cheapest)
- 100: Czech Republic
- 266: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 266 |
| 2nd | Switzerland | 237 |
| 3rd | Iceland | 228 |
| 4th | Bahamas | 226 |
| 5th | Hong Kong | 225 |
| 6th | Ireland | 213 |
| 7th | Qatar | 196 |
| 8th | Singapore | 195 |
| 9th | Luxembourg | 193 |
| 10th | Norway | 192 |
| … | … | … |
| … | … | … |
| … | … | … |
| 69th | Tunisia | 65 |
| 70th | Paraguay | 65 |
| 71st | Turkey | 63 |
| 72nd | Egypt | 63 |
| 73rd | Azerbaijan | 62 |
| 74th | Kazakhstan | 60 |
| 75th | India | 56 |
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 Estonia is 32% more expensive than in Ecuador
- Cost of living in Mexico is 44% cheaper than in Belgium
- Cost of living in Oman is 23% cheaper than in Austria
- Cost of living in Vietnam is 4% cheaper than in Indonesia
- Cost of living in Czech Republic is 30% cheaper than in United Arab Emirates
- Cost of living in Indonesia is 22% cheaper than in Czech Republic
- Cost of living in Cayman Islands is 85% more expensive than in United Arab Emirates
- Cost of living in New Zealand is 128% more expensive than in Morocco
- Cost of living in Portugal is 94% more expensive than in Kazakhstan
- Cost of living in Ireland is 199% more expensive than in Bolivia