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Cost of Living Index by Country

Scale:
  • 50: Egypt (cheapest)
  • 100: Czech Republic
  • 272: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 272
2nd Switzerland 246
3rd Singapore 224
4th Ireland 200
5th United States 198
6th United Kingdom 195
7th Hong Kong 185
8th Netherlands 181
9th United Arab Emirates 170
10th Australia 167
54th Malaysia 74
55th Indonesia 69
56th Bolivia 65
57th Paraguay 62
58th Bangladesh 58
59th India 57
60th 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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