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Cost of Living Index by Country

Scale:
  • 50: Egypt (cheapest)
  • 100: Czech Republic
  • 251: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 251
2nd Singapore 229
3rd Hong Kong 195
4th Australia 188
5th United States 187
6th United Kingdom 180
7th Netherlands 179
8th Ireland 178
9th New Zealand 172
10th Norway 166
57th Colombia 68
58th Russia 66
59th Paraguay 64
60th Bolivia 63
61st Bangladesh 61
62nd India 54
63rd Egypt 50
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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