Cost of Living Index by Country
Scale:
- 50: Egypt (cheapest)
- 100: Czech Republic
- 281: Cayman Islands (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Cayman Islands | 281 |
| 2nd | Switzerland | 250 |
| 3rd | Singapore | 230 |
| 4th | United Kingdom | 204 |
| 5th | United States | 190 |
| 6th | Australia | 187 |
| 7th | Netherlands | 179 |
| 8th | New Zealand | 174 |
| 9th | Ireland | 174 |
| 10th | Norway | 169 |
| … | … | … |
| … | … | … |
| … | … | … |
| 56th | Colombia | 70 |
| 57th | Paraguay | 68 |
| 58th | Russia | 67 |
| 59th | Bolivia | 64 |
| 60th | Bangladesh | 59 |
| 61st | India | 57 |
| 62nd | Egypt | 50 |
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 United States is 69% more expensive than in Spain
- Cost of living in Serbia is 43% cheaper than in Canada
- Cost of living in Slovenia is 27% more expensive than in Serbia
- Cost of living in Saudi Arabia is 17% more expensive than in Lithuania
- Cost of living in New Zealand is 10% more expensive than in Israel
- Cost of living in Guyana is 25% cheaper than in Slovenia
- Cost of living in Serbia is 21% more expensive than in Peru
- Cost of living in Peru is 5% more expensive than in Malaysia
- Cost of living in New Zealand is 28% more expensive than in Macao
- Cost of living in Indonesia is 46% cheaper than in Finland