Cost of Living Index by Country
Scale:
- 45: Egypt (cheapest)
- 100: Czech Republic
- 247: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 247 |
| 2nd | Switzerland | 222 |
| 3rd | Singapore | 202 |
| 4th | United Kingdom | 181 |
| 5th | United States | 178 |
| 6th | Hong Kong | 178 |
| 7th | Ireland | 175 |
| 8th | Netherlands | 175 |
| 9th | United Arab Emirates | 157 |
| 10th | Australia | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 53rd | Colombia | 68 |
| 54th | Bolivia | 62 |
| 55th | Indonesia | 61 |
| 56th | Bangladesh | 54 |
| 57th | India | 52 |
| 58th | Paraguay | 48 |
| 59th | Egypt | 45 |
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 Malaysia is 61% cheaper than in Hong Kong
- Cost of living in Guyana is 40% cheaper than in Canada
- Cost of living in Hungary is 37% more expensive than in Bolivia
- Cost of living in Netherlands is 106% more expensive than in Hungary
- Cost of living in Austria is 104% more expensive than in Peru
- Cost of living in Italy is 45% more expensive than in Hungary
- Cost of living in Bosnia and Herzegovina is 34% cheaper than in Saudi Arabia
- Cost of living in Slovenia is 108% more expensive than in Bangladesh
- Cost of living in Croatia is 155% more expensive than in Egypt
- Cost of living in Hong Kong is about the same as in United Kingdom