Cost of Living Ranking by Country

Ranking Country Price Index *
1st Cayman Islands 278
2nd Hong Kong 256
3rd Switzerland 247
4th Iceland 224
5th Singapore 218
6th Ireland 204
7th Norway 199
8th Luxembourg 194
9th Israel 191
10th Australia 187
11th Denmark 181
12th Qatar 181
13th Netherlands 178
14th United States 177
15th United Kingdom 176
16th Malta 168
17th Japan 165
18th Canada 161
19th Sweden 159
20th Germany 155
21st France 154
22nd Belgium 151
23rd United Arab Emirates 150
24th Italy 132
25th Panama 130
26th Spain 123
27th Uruguay 123
28th Taiwan 122
29th Portugal 121
30th Greece 121
31st China 118
32nd Latvia 118
33rd Jordan 110
34th Estonia 110
35th Croatia 109
36th Lithuania 104
37th Thailand 104
38th Costa Rica 103
39th Guatemala 102
40th Czech Republic 100
41st Saudi Arabia 98
42nd South Africa 98
43rd Chile 95
44th Hungary 89
45th Venezuela 88
46th Dominican Republic 87
47th Malaysia 87
48th Poland 86
49th Ecuador 86
50th Kenya 85
51st Indonesia 82
52nd Mexico 82
53rd Morocco 80
54th Romania 80
55th Vietnam 79
56th Russia 79
57th Brazil 77
58th Ukraine 73
59th Paraguay 72
60th Kazakhstan 71
61st Peru 70
62nd Azerbaijan 69
63rd Egypt 68
64th Colombia 68
65th India 59
66th Turkey 48

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.

Cost of Living Map

Scale:
  • 48: Turkey (cheapest)
  • 100: Czech Republic
  • 278: Cayman Islands (most expensive)

Make a different comparison:

Compare cost of living between cities:
vs