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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 Bahamas 229
4th Switzerland 226
5th Iceland 223
6th Singapore 215
7th Ireland 192
8th Norway 191
9th Israel 189
10th United Kingdom 184
85th Tanzania 65
86th Egypt 64
87th Kazakhstan 64
88th Kosovo 61
89th Turkey 60
90th India 58
91st 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.

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