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Cost of Living Index by Country

Scale:
  • 54: Egypt (cheapest)
  • 100: Czech Republic
  • 292: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 292
2nd Switzerland 269
3rd Singapore 237
4th United Kingdom 212
5th United States 195
6th Australia 192
7th Netherlands 183
8th Ireland 183
9th New Zealand 179
10th Norway 173
56th Colombia 75
57th Paraguay 70
58th Russia 69
59th Bolivia 67
60th Bangladesh 62
61st India 60
62nd Egypt 54
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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