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Cost of Living Index by Country

Scale:
  • 51: Egypt (cheapest)
  • 100: Czech Republic
  • 282: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 282
2nd Switzerland 249
3rd Singapore 229
4th Ireland 199
5th United Kingdom 198
6th United States 194
7th Australia 173
8th New Zealand 168
9th Norway 167
10th Canada 164
56th Indonesia 72
57th Russia 68
58th Bolivia 67
59th Paraguay 66
60th Bangladesh 60
61st India 58
62nd Egypt 51
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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