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Cost of Living Index by Country

Scale:
  • 45: Egypt (cheapest)
  • 100: Czech Republic
  • 247: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 247
2nd Switzerland 222
3rd Singapore 202
4th United Kingdom 181
5th United States 178
6th Hong Kong 178
7th Ireland 175
8th Netherlands 175
9th United Arab Emirates 157
10th Australia 157
53rd Colombia 68
54th Bolivia 62
55th Indonesia 61
56th Bangladesh 54
57th India 52
58th Paraguay 48
59th Egypt 45
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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