Cost of Living Index by Country
Scale:
- 52: Egypt (cheapest)
- 100: Czech Republic
- 285: Cayman Islands (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Cayman Islands | 285 |
2nd | Switzerland | 251 |
3rd | Singapore | 229 |
4th | United Kingdom | 203 |
5th | Ireland | 200 |
6th | United States | 195 |
7th | Australia | 173 |
8th | New Zealand | 168 |
9th | Norway | 167 |
10th | Canada | 164 |
… | … | … |
… | … | … |
… | … | … |
55th | Indonesia | 72 |
56th | Bolivia | 67 |
57th | Russia | 66 |
58th | Paraguay | 66 |
59th | Bangladesh | 60 |
60th | India | 58 |
61st | Egypt | 52 |
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 Switzerland is 90% more expensive than in South Korea
- Cost of living in Romania is 15% cheaper than in China
- Cost of living in New Zealand is 12% more expensive than in Sweden
- Cost of living in Uruguay is 12% cheaper than in Austria
- Cost of living in Brazil is 19% more expensive than in Bolivia
- Cost of living in United States is 51% more expensive than in Saudi Arabia
- Cost of living in Mexico is 19% cheaper than in Greece
- Cost of living in Slovakia is 18% more expensive than in Bulgaria
- Cost of living in Greece is 84% more expensive than in Bangladesh
- Cost of living in Paraguay is 18% cheaper than in Brazil