Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 290: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 290 |
| 2nd | Cayman Islands | 263 |
| 3rd | Switzerland | 231 |
| 4th | Hong Kong | 227 |
| 5th | Iceland | 226 |
| 6th | Ireland | 213 |
| 7th | Bahamas | 212 |
| 8th | Norway | 210 |
| 9th | Singapore | 197 |
| 10th | Qatar | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 74th | Tunisia | 68 |
| 75th | Egypt | 66 |
| 76th | Turkey | 64 |
| 77th | Ukraine | 60 |
| 78th | Georgia | 60 |
| 79th | Kazakhstan | 59 |
| 80th | India | 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 Luxembourg is about the same as in Singapore
- Cost of living in Cyprus is 120% more expensive than in Georgia
- Cost of living in Puerto Rico is 38% cheaper than in Qatar
- Cost of living in Guatemala is 29% cheaper than in Greece
- Cost of living in Ukraine is 45% cheaper than in Jordan
- Cost of living in New Zealand is 199% more expensive than in Ukraine
- Cost of living in Peru is 57% cheaper than in Finland
- Cost of living in India is 47% cheaper than in Chile
- Cost of living in Romania is 33% cheaper than in Portugal
- Cost of living in Greece is 25% cheaper than in France