Compare cost of living between countries:
versus

Cost of Living Index by Country

Scale:
  • 52: Egypt (cheapest)
  • 100: Czech Republic
  • 315: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Cayman Islands 315
2nd Switzerland 270
3rd Iceland 258
4th Hong Kong 246
5th Norway 227
6th Singapore 219
7th Australia 210
8th United Kingdom 209
9th Ireland 209
10th Qatar 204
77th Macedonia 77
78th Bosnia and Herzegovina 75
79th Georgia 71
80th India 70
81st Ukraine 67
82nd Tunisia 66
83rd Egypt 52
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.