Compare cost of living between countries:
versus

Cost of Living Index by Country

Scale:
  • 57: Tunisia (cheapest)
  • 100: Czech Republic
  • 283: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Cayman Islands 283
2nd Angola 279
3rd Switzerland 242
4th Iceland 239
5th Norway 224
6th Hong Kong 219
7th Ireland 202
8th Australia 200
9th Singapore 198
10th Denmark 190
103rd Armenia 66
104th Nicaragua 66
105th Azerbaijan 64
106th Ukraine 64
107th India 63
108th Egypt 57
109th Tunisia 57
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.