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Cost of Living Index by Country

Scale:
  • 49: Egypt (cheapest)
  • 100: Czech Republic
  • 249: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 249
2nd Singapore 230
3rd Hong Kong 194
4th Australia 187
5th United States 183
6th United Kingdom 181
7th Netherlands 176
8th Ireland 174
9th New Zealand 174
10th Norway 166
56th Colombia 71
57th Russia 67
58th Paraguay 66
59th Bolivia 62
60th Bangladesh 60
61st India 53
62nd Egypt 49
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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