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

Scale:
  • 50: Egypt (cheapest)
  • 100: Czech Republic
  • 281: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 281
2nd Switzerland 250
3rd Singapore 230
4th United Kingdom 204
5th United States 190
6th Australia 187
7th Netherlands 179
8th New Zealand 174
9th Ireland 174
10th Norway 169
56th Colombia 70
57th Paraguay 68
58th Russia 67
59th Bolivia 64
60th Bangladesh 59
61st India 57
62nd 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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