Compare cost of living between countries:

Cost of Living Index by Country

  • 58: Egypt (cheapest)
  • 100: Czech Republic
  • 314: Bermuda (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Bermuda 314
2nd Cayman Islands 283
3rd Angola 277
4th Iceland 243
5th Switzerland 241
6th Hong Kong 218
7th Norway 213
8th Singapore 199
9th Ireland 199
10th Australia 193
104th Armenia 68
105th Georgia 64
106th India 64
107th Azerbaijan 64
108th Ukraine 63
109th Tunisia 59
110th 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.