Compare cost of living between countries:

Cost of Living Index by Country

  • 58: Egypt (cheapest)
  • 100: Czech Republic
  • 282: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Cayman Islands 282
2nd Angola 275
3rd Iceland 240
4th Switzerland 239
5th Hong Kong 217
6th Norway 214
7th Singapore 199
8th Ireland 198
9th Australia 192
10th Qatar 191
103rd Armenia 68
104th India 64
105th Azerbaijan 64
106th Georgia 63
107th Ukraine 63
108th Tunisia 58
109th Egypt 58
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.