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Cost of Living Index by Country

Scale:
  • 50: Egypt (cheapest)
  • 100: Czech Republic
  • 248: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 248
2nd Singapore 230
3rd Hong Kong 193
4th Australia 186
5th United Kingdom 182
6th United States 182
7th Netherlands 176
8th Ireland 174
9th New Zealand 173
10th Norway 166
57th Colombia 70
58th Russia 66
59th Paraguay 66
60th Bolivia 62
61st Bangladesh 60
62nd India 53
63rd Egypt 50
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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