Cost of Living Index by Country
Scale:
- 54: Egypt (cheapest)
- 100: Czech Republic
- 291: Cayman Islands (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Cayman Islands | 291 |
2nd | Switzerland | 253 |
3rd | Singapore | 231 |
4th | United Kingdom | 202 |
5th | United States | 199 |
6th | Australia | 178 |
7th | Ireland | 176 |
8th | Norway | 169 |
9th | New Zealand | 169 |
10th | Israel | 168 |
… | … | … |
… | … | … |
… | … | … |
55th | Indonesia | 73 |
56th | Paraguay | 70 |
57th | Bolivia | 69 |
58th | Russia | 66 |
59th | Bangladesh | 62 |
60th | India | 59 |
61st | Egypt | 54 |
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 67% more expensive than in Colombia
- Cost of living in Finland is 64% more expensive than in Ecuador
- Cost of living in Uruguay is 44% cheaper than in Singapore
- Cost of living in Switzerland is 153% more expensive than in Czech Republic
- Cost of living in France is 85% more expensive than in Brazil
- Cost of living in Estonia is 14% cheaper than in Austria
- Cost of living in Estonia is 10% cheaper than in Germany
- Cost of living in Paraguay is 53% cheaper than in Belgium
- Cost of living in Singapore is 152% more expensive than in Bulgaria
- Cost of living in New Zealand is 19% more expensive than in Macao