Cost of Living Index by Country
Scale:
- 66: India (cheapest)
- 100: Czech Republic
- 334: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 334 |
| 2nd | Cayman Islands | 327 |
| 3rd | Switzerland | 269 |
| 4th | Hong Kong | 262 |
| 5th | Bahamas | 246 |
| 6th | Ireland | 224 |
| 7th | Iceland | 218 |
| 8th | Singapore | 215 |
| 9th | Denmark | 213 |
| 10th | Norway | 206 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Paraguay | 76 |
| 85th | Mexico | 75 |
| 86th | Colombia | 73 |
| 87th | Kazakhstan | 72 |
| 88th | Georgia | 71 |
| 89th | Tunisia | 69 |
| 90th | India | 66 |
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 Slovenia is 24% more expensive than in China
- Cost of living in Iceland is 119% more expensive than in Guatemala
- Cost of living in France is 156% more expensive than in Colombia
- Cost of living in Malta is 53% more expensive than in Czech Republic
- Cost of living in Panama is 30% cheaper than in Japan
- Cost of living in Guatemala is 29% cheaper than in Spain
- Cost of living in Palestinian Territory is 125% more expensive than in India
- Cost of living in Brazil is 47% cheaper than in Belgium
- Cost of living in United Kingdom is 171% more expensive than in Argentina
- Cost of living in France is 11% more expensive than in Canada