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Cost of Living Index by Country

Scale:
  • 51: Egypt (cheapest)
  • 100: Czech Republic
  • 249: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 249
2nd Singapore 228
3rd Hong Kong 195
4th Australia 188
5th United Kingdom 184
6th United States 182
7th Netherlands 177
8th New Zealand 177
9th Ireland 172
10th Norway 168
58th Colombia 71
59th Russia 67
60th Paraguay 66
61st Bolivia 62
62nd Bangladesh 60
63rd India 53
64th Egypt 51
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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