Cost of Living Index by Country
Scale:
- 48: Egypt (cheapest)
- 100: Czech Republic
- 228: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 228 |
| 2nd | Switzerland | 227 |
| 3rd | Singapore | 211 |
| 4th | United Kingdom | 178 |
| 5th | Hong Kong | 173 |
| 6th | Australia | 171 |
| 7th | United States | 168 |
| 8th | Netherlands | 166 |
| 9th | Ireland | 160 |
| 10th | New Zealand | 160 |
| … | … | … |
| … | … | … |
| … | … | … |
| 60th | Colombia | 66 |
| 61st | Russia | 62 |
| 62nd | Paraguay | 61 |
| 63rd | Bolivia | 59 |
| 64th | Bangladesh | 57 |
| 65th | India | 52 |
| 66th | Egypt | 48 |
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 Colombia is 56% cheaper than in Canada
- Cost of living in New Zealand is 61% more expensive than in Costa Rica
- Cost of living in India is 9% more expensive than in Egypt
- Cost of living in Saudi Arabia is 39% cheaper than in Hong Kong
- Cost of living in Venezuela is 48% cheaper than in United States
- Cost of living in Switzerland is 162% more expensive than in Turkey
- Cost of living in Costa Rica is 16% more expensive than in China
- Cost of living in Malta is 41% more expensive than in Hungary
- Cost of living in Fiji is 54% cheaper than in New Zealand
- Cost of living in Singapore is 206% more expensive than in Peru