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Cost of Living Index by Country

Scale:
  • 48: Egypt (cheapest)
  • 100: Czech Republic
  • 230: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 230
2nd Switzerland 228
3rd Singapore 205
4th United Kingdom 178
5th Hong Kong 174
6th United States 171
7th Australia 170
8th Netherlands 165
9th New Zealand 160
10th Ireland 158
60th Colombia 66
61st Russia 63
62nd Paraguay 62
63rd Bolivia 59
64th Bangladesh 58
65th India 52
66th Egypt 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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