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Cost of Living Index by Country

Scale:
  • 44: Egypt (cheapest)
  • 100: Czech Republic
  • 238: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 238
2nd Switzerland 223
3rd Singapore 196
4th Netherlands 177
5th United States 173
6th Ireland 170
7th Hong Kong 169
8th United Kingdom 161
9th United Arab Emirates 156
10th Austria 152
50th Ecuador 69
51st Ukraine 67
52nd Bolivia 60
53rd Bangladesh 52
54th Paraguay 49
55th India 48
56th Egypt 44
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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