Cost of Living Index by Country
Ranking of countries by overall cost of living index. Index of 100 = United States.
Top 5 Ranked
Singapore
77% more expensive
Iceland
43% more expensive
Switzerland
42% more expensive
Singapore
77% more expensive
Iceland
43% more expensive
Switzerland
42% more expensive
Overview
This ranking uses a weighted cost index calculated from user-contributed price data across 7 categories. For each country, we compute the average price in each category and compare it to the United States (baseline = 100). A score below 100 means cheaper; above 100 means more expensive.
Housing (35%): Rent, utilities, and accommodation costs
Groceries (20%): Food, beverages, and household supplies
Transportation (15%): Public transit, fuel, and vehicle costs
Dining (10%): Restaurants, cafes, and takeout meals
Entertainment (8%): Leisure activities, movies, and sports
Clothing (7%): Apparel, footwear, and accessories
Childcare (5%): Daycare, babysitting, and child-related services
Global Rankings
Index value of 100 = United States. Lower values indicate cheaper cost of living.
Global Cost Heatmap
Interactive map showing cost of living by country. Larger, redder circles indicate higher cost of living.
What Drives Cost of Living Differences?
Cost of living is shaped by economic development, local wages, currency strength, and supply chain efficiency. Countries with strong currencies and high wages tend to have higher costs, while developing nations often offer lower prices but also lower incomes. Housing costs are particularly variable, driven by urbanization, population density, and real estate markets. Transportation costs depend on fuel prices, infrastructure, and public transit availability. Understanding these factors helps explain why some destinations are more affordable than others.
Source: User-contributed price data. Rankings are based on the weighted average of category indices.
Last updated: January 2026
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