Compare cost of living between countries:

Cost of Living Index by Country

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 275
2nd Hong Kong 236
3rd Switzerland 231
4th Iceland 226
5th Bahamas 215
6th Norway 212
7th Zimbabwe 200
8th Denmark 198
9th Ireland 198
10th Singapore 195
99th India 71
100th Azerbaijan 71
101st Kazakhstan 69
102nd Tunisia 65
103rd Georgia 64
104th Argentina 63
105th 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.