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Cost of Living Index by Country

Scale:
  • 44: Egypt (cheapest)
  • 100: Czech Republic
  • 241: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 241
2nd Switzerland 224
3rd Singapore 198
4th Netherlands 182
5th United Kingdom 178
6th Hong Kong 177
7th United States 174
8th Ireland 172
9th Austria 157
10th United Arab Emirates 157
50th Ukraine 69
51st Indonesia 68
52nd Bolivia 61
53rd Bangladesh 52
54th India 49
55th Paraguay 47
56th Egypt 44
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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