Compare cost of living between countries:

Cost of Living Index by Country

  • 62: Kosovo (cheapest)
  • 100: Czech Republic
  • 271: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 271
2nd Hong Kong 236
3rd Switzerland 230
4th Iceland 228
5th Bahamas 215
6th Norway 211
7th Zimbabwe 200
8th Ireland 197
9th Denmark 195
10th Singapore 194
98th India 71
99th Azerbaijan 70
100th Kazakhstan 69
101st Tunisia 65
102nd Georgia 64
103rd Argentina 63
104th Kosovo 62
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.