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Cost of Living Index by Country

Scale:
  • 46: Egypt (cheapest)
  • 100: Czech Republic
  • 248: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 248
2nd Switzerland 223
3rd Singapore 203
4th United Kingdom 180
5th United States 180
6th Hong Kong 178
7th Netherlands 176
8th Ireland 176
9th United Arab Emirates 158
10th Australia 157
53rd Colombia 69
54th Bolivia 66
55th Indonesia 62
56th Bangladesh 55
57th India 52
58th Paraguay 48
59th Egypt 46
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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