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The original source for International Cost-of-Living Comparisons
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  • 217 countries
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Cost of Living Index by Country

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

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
60th Kazakhstan 71
61st Peru 70
62nd Azerbaijan 69
63rd Egypt 68
64th Colombia 68
65th India 59
66th Turkey 48
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.

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