Cost of Living Index by Country
Scale:
- 55: Moldova (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Hong Kong | 241 |
| 3rd | Switzerland | 230 |
| 4th | Bahamas | 229 |
| 5th | Singapore | 216 |
| 6th | Norway | 194 |
| 7th | Ireland | 193 |
| 8th | Israel | 189 |
| 9th | United States | 185 |
| 10th | United Kingdom | 184 |
| … | … | … |
| … | … | … |
| … | … | … |
| 83rd | Tanzania | 65 |
| 84th | Egypt | 65 |
| 85th | Kazakhstan | 63 |
| 86th | Turkey | 62 |
| 87th | Kosovo | 61 |
| 88th | India | 58 |
| 89th | 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 Slovakia is 7% more expensive than in Dominican Republic
- Cost of living in Mauritius is 48% cheaper than in United Kingdom
- Cost of living in France is about the same as in Belgium
- Cost of living in Turkey is 18% cheaper than in Morocco
- Cost of living in Serbia is 56% cheaper than in Norway
- Cost of living in Lithuania is 28% cheaper than in Japan
- Cost of living in Serbia is 8% more expensive than in Indonesia
- Cost of living in Vietnam is 11% cheaper than in Dominican Republic
- Cost of living in Ivory Coast is 49% more expensive than in Bangladesh
- Cost of living in Qatar is 7% cheaper than in Ireland