Compare cost of living between countries:
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Cost of Living Index by Country

Scale:
  • 62: Tunisia (cheapest)
  • 100: Czech Republic
  • 287: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 287
2nd Hong Kong 235
3rd Iceland 230
4th Switzerland 228
5th Bahamas 217
6th Norway 214
7th Zimbabwe 203
8th Singapore 202
9th Ireland 201
10th Denmark 199
94th Tanzania 73
95th Georgia 71
96th Paraguay 69
97th Kazakhstan 68
98th India 66
99th Argentina 65
100th Tunisia 62
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.