Compare cost of living between countries:
versus

Cost of Living Index by Country

Scale:
  • 55: Tunisia (cheapest)
  • 100: Czech Republic
  • 279: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Cayman Islands 279
2nd Angola 272
3rd Iceland 239
4th Switzerland 238
5th Norway 216
6th Hong Kong 215
7th Ireland 197
8th Singapore 197
9th Australia 191
10th Denmark 188
104th Armenia 65
105th Azerbaijan 63
106th India 63
107th Ukraine 62
108th Georgia 62
109th Egypt 57
110th Tunisia 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.