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Cost of Living Index by Country

Scale:
  • 56: Tunisia (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 276
3rd Iceland 242
4th Switzerland 239
5th Hong Kong 218
6th Norway 216
7th Ireland 199
8th Singapore 198
9th Australia 192
10th Denmark 189
104th Armenia 66
105th Azerbaijan 64
106th Ukraine 64
107th India 63
108th Georgia 63
109th Egypt 58
110th Tunisia 56
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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