Cost of Living Index by Country
Scale:
- 56: India (cheapest)
- 100: Czech Republic
- 297: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 297 |
| 2nd | Switzerland | 228 |
| 3rd | Hong Kong | 223 |
| 4th | Bahamas | 211 |
| 5th | Ireland | 206 |
| 6th | Norway | 205 |
| 7th | Singapore | 192 |
| 8th | Denmark | 188 |
| 9th | Australia | 187 |
| 10th | Luxembourg | 186 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Colombia | 66 |
| 72nd | Paraguay | 63 |
| 73rd | Azerbaijan | 61 |
| 74th | Ukraine | 60 |
| 75th | Kazakhstan | 60 |
| 76th | Georgia | 58 |
| 77th | India | 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 Mauritius is 7% cheaper than in Cuba
- Cost of living in Tunisia is 7% more expensive than in Paraguay
- Cost of living in New Zealand is 77% more expensive than in Cuba
- Cost of living in Serbia is 15% more expensive than in Brazil
- Cost of living in Guatemala is 14% cheaper than in Cuba
- Cost of living in Uruguay is 29% cheaper than in Canada
- Cost of living in Bahrain is 19% more expensive than in China
- Cost of living in France is 7% cheaper than in Finland
- Cost of living in Tunisia is 25% cheaper than in Hungary
- Cost of living in Switzerland is 164% more expensive than in Poland