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The original source for International Cost-of-Living Comparisons
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Cost of Living Index by Country

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 252
2nd Switzerland 226
3rd Singapore 204
4th United States 186
5th Netherlands 184
6th United Kingdom 184
7th Hong Kong 182
8th Ireland 175
9th United Arab Emirates 160
10th Australia 157
51st Ukraine 70
52nd Colombia 70
53rd Bolivia 63
54th Bangladesh 54
55th India 52
56th Paraguay 48
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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