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Cost of Living Index by Country

Scale:
  • 46: Egypt (cheapest)
  • 100: Czech Republic
  • 249: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 249
2nd Switzerland 226
3rd Singapore 207
4th Ireland 192
5th United States 182
6th United Kingdom 180
7th Netherlands 174
8th Hong Kong 170
9th United Arab Emirates 159
10th Australia 156
53rd Malaysia 70
54th Colombia 67
55th Bolivia 67
56th Indonesia 62
57th Bangladesh 55
58th India 53
59th Egypt 46
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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