Compare cost of living between countries:
versus

Cost of Living Index by Country

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

Cost of Living Ranking by Country

Rank Country Price Index
1st Cayman Islands 293
2nd Switzerland 255
3rd Iceland 234
4th Norway 228
5th Hong Kong 223
6th Australia 205
7th Ireland 203
8th Singapore 203
9th Denmark 196
10th Qatar 189
98th Nicaragua 68
99th Azerbaijan 65
100th India 65
101st Ukraine 64
102nd Moldova 64
103rd Tunisia 61
104th 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.