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Cost of Living Index by Country

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 265
2nd Switzerland 234
3rd Singapore 213
4th United States 196
5th United Kingdom 190
6th Hong Kong 190
7th Netherlands 182
8th Ireland 182
9th United Arab Emirates 169
10th Australia 164
51st Colombia 72
52nd Indonesia 65
53rd Bolivia 65
54th Bangladesh 56
55th India 53
56th Paraguay 50
57th 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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