Cost of Living Index by Country
Scale:
- 56: Moldova (cheapest)
- 100: Czech Republic
- 291: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 291 |
| 2nd | Hong Kong | 243 |
| 3rd | Switzerland | 232 |
| 4th | Bahamas | 230 |
| 5th | Singapore | 217 |
| 6th | Norway | 194 |
| 7th | Ireland | 193 |
| 8th | Israel | 189 |
| 9th | United States | 187 |
| 10th | United Kingdom | 185 |
| … | … | … |
| … | … | … |
| … | … | … |
| 83rd | Tanzania | 66 |
| 84th | Egypt | 65 |
| 85th | Turkey | 62 |
| 86th | Kazakhstan | 62 |
| 87th | Kosovo | 61 |
| 88th | India | 58 |
| 89th | Moldova | 56 |
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 Venezuela is 27% more expensive than in Malaysia
- Cost of living in Venezuela is 80% more expensive than in Moldova
- Cost of living in Croatia is about the same as in Ivory Coast
- Cost of living in Turkey is 10% cheaper than in Kyrgyzstan
- Cost of living in Slovenia is 32% more expensive than in Chile
- Cost of living in Portugal is 64% more expensive than in Colombia
- Cost of living in Philippines is 50% cheaper than in United Kingdom
- Cost of living in Japan is 40% cheaper than in Hong Kong
- Cost of living in Peru is 44% cheaper than in South Korea
- Cost of living in Mauritius is 19% more expensive than in Malaysia