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Cost of Living Index by Country

Scale:
  • 52: Egypt (cheapest)
  • 100: Czech Republic
  • 285: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 285
2nd Switzerland 251
3rd Singapore 229
4th United Kingdom 203
5th Ireland 200
6th United States 195
7th Australia 173
8th New Zealand 168
9th Norway 167
10th Canada 164
55th Indonesia 72
56th Bolivia 67
57th Russia 66
58th Paraguay 66
59th Bangladesh 60
60th India 58
61st Egypt 52
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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