Cost of Living Index by Country
Scale:
- 55: Moldova (cheapest)
- 100: Czech Republic
- 288: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 288 |
| 2nd | Hong Kong | 240 |
| 3rd | Switzerland | 229 |
| 4th | Bahamas | 229 |
| 5th | Singapore | 214 |
| 6th | Norway | 194 |
| 7th | Ireland | 193 |
| 8th | Israel | 190 |
| 9th | United Kingdom | 184 |
| 10th | United States | 184 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Tanzania | 65 |
| 85th | Egypt | 64 |
| 86th | Kazakhstan | 62 |
| 87th | Turkey | 62 |
| 88th | Kosovo | 61 |
| 89th | India | 58 |
| 90th | Moldova | 55 |
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.
Other Country Comparisons
- Cost of living in Mexico is 38% cheaper than in South Korea
- Cost of living in Bulgaria is 57% cheaper than in Australia
- Cost of living in Netherlands is 169% more expensive than in Egypt
- Cost of living in Vietnam is 6% cheaper than in Chile
- Cost of living in Norway is 71% more expensive than in China
- Cost of living in Uruguay is 47% more expensive than in Chile
- Cost of living in Kyrgyzstan is 7% more expensive than in Egypt
- Cost of living in Botswana is 73% cheaper than in Bermuda
- Cost of living in Guyana is 32% cheaper than in Palestinian Territory
- Cost of living in South Africa is 13% more expensive than in Ecuador