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Cost of Living Index by Country

Scale:
  • 43: Egypt (cheapest)
  • 100: Czech Republic
  • 240: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 240
2nd Switzerland 223
3rd Singapore 197
4th Netherlands 181
5th United Kingdom 177
6th Hong Kong 176
7th United States 174
8th Ireland 172
9th Austria 157
10th United Arab Emirates 156
50th Ukraine 68
51st Indonesia 67
52nd Bolivia 60
53rd Bangladesh 52
54th India 49
55th Paraguay 46
56th Egypt 43
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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