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Cost of Living Index by Country

Scale:
  • 55: Egypt (cheapest)
  • 100: Czech Republic
  • 294: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 294
2nd Switzerland 273
3rd Singapore 238
4th United Kingdom 214
5th United States 198
6th Australia 195
7th Netherlands 185
8th Ireland 184
9th New Zealand 182
10th Norway 176
56th Colombia 75
57th Paraguay 70
58th Bolivia 68
59th Russia 66
60th Bangladesh 63
61st India 59
62nd Egypt 55
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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