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The original source for International Cost-of-Living Comparisons
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  • 228 countries
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Cost of Living Index by Country

Scale:
  • 63: Tunisia (cheapest)
  • 100: Czech Republic
  • 277: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 277
2nd Hong Kong 233
3rd Switzerland 228
4th Iceland 226
5th Bahamas 214
6th Norway 203
7th Zimbabwe 201
8th Singapore 198
9th Denmark 197
10th Ireland 197
98th India 70
99th Georgia 69
100th Paraguay 67
101st Kazakhstan 67
102nd Argentina 64
103rd Kosovo 63
104th Tunisia 63
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.