Compare cost of living between countries:
versus

Cost of Living Index by Country

Scale:
  • 58: Egypt (cheapest)
  • 100: Czech Republic
  • 283: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Cayman Islands 283
2nd Angola 277
3rd Iceland 245
4th Switzerland 240
5th Hong Kong 218
6th Norway 213
7th Singapore 199
8th Ireland 199
9th Australia 193
10th Qatar 191
103rd Armenia 68
104th Georgia 64
105th India 64
106th Azerbaijan 64
107th Ukraine 63
108th Tunisia 59
109th Egypt 58
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.