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Cost of Living Index by Country

Scale:
  • 47: Egypt (cheapest)
  • 100: Czech Republic
  • 261: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 261
2nd Switzerland 232
3rd Singapore 211
4th United States 193
5th United Kingdom 188
6th Hong Kong 188
7th Netherlands 183
8th Ireland 180
9th United Arab Emirates 167
10th Australia 163
51st Colombia 72
52nd Indonesia 65
53rd Bolivia 64
54th Bangladesh 55
55th India 53
56th Paraguay 49
57th Egypt 47
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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