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Cost of Living Index by Country

Scale:
  • 47: Egypt (cheapest)
  • 100: Czech Republic
  • 269: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 269
2nd Switzerland 235
3rd Singapore 214
4th United States 197
5th Hong Kong 192
6th United Kingdom 191
7th Netherlands 187
8th Ireland 182
9th United Arab Emirates 171
10th Australia 166
51st Colombia 73
52nd Indonesia 66
53rd Bolivia 66
54th Bangladesh 56
55th India 54
56th Paraguay 51
57th Egypt 47
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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