Cost of Living Index by Country
Scale:
- 54: Egypt (cheapest)
- 100: Czech Republic
- 294: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 294 |
| 2nd | Switzerland | 258 |
| 3rd | Singapore | 234 |
| 4th | United Kingdom | 206 |
| 5th | United States | 201 |
| 6th | Australia | 180 |
| 7th | Ireland | 177 |
| 8th | Norway | 172 |
| 9th | New Zealand | 172 |
| 10th | Israel | 168 |
| … | … | … |
| … | … | … |
| … | … | … |
| 55th | Indonesia | 75 |
| 56th | Paraguay | 70 |
| 57th | Bolivia | 69 |
| 58th | Russia | 67 |
| 59th | Bangladesh | 62 |
| 60th | India | 60 |
| 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 Bosnia and Herzegovina is 53% cheaper than in Canada
- Cost of living in Uruguay is 65% more expensive than in Malaysia
- Cost of living in New Zealand is 14% cheaper than in United States
- Cost of living in Saudi Arabia is 25% more expensive than in Czech Republic
- Cost of living in Japan is 37% more expensive than in Ecuador
- Cost of living in United States is 12% more expensive than in Australia
- Cost of living in Fiji is 10% cheaper than in South Africa
- Cost of living in Malta is 98% more expensive than in Russia
- Cost of living in Saudi Arabia is 30% cheaper than in Australia
- Cost of living in Russia is 41% cheaper than in Greece