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Cost of Living Index by Country

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 249
2nd Cayman Islands 247
3rd Singapore 229
4th Hong Kong 193
5th United Kingdom 190
6th Australia 189
7th United States 181
8th Netherlands 177
9th New Zealand 176
10th Ireland 172
59th Colombia 71
60th Russia 67
61st Paraguay 65
62nd Bolivia 62
63rd Bangladesh 60
64th India 53
65th 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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