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Cost of Living Index by Country

Scale:
  • 49: Egypt (cheapest)
  • 100: Czech Republic
  • 270: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 270
2nd Switzerland 244
3rd Singapore 221
4th Ireland 199
5th United States 196
6th United Kingdom 193
7th Hong Kong 182
8th Netherlands 180
9th United Arab Emirates 167
10th Australia 166
55th Malaysia 72
56th Indonesia 68
57th Bolivia 65
58th Paraguay 62
59th Bangladesh 57
60th India 56
61st Egypt 49
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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