Compare cost of living between countries:

Cost of Living Index by Country

  • 69: Belarus (cheapest)
  • 100: Czech Republic
  • 289: Bermuda (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Bermuda 289
2nd Cayman Islands 255
3rd Iceland 254
4th Switzerland 234
5th Hong Kong 228
6th Norway 227
7th Ireland 205
8th Singapore 201
9th Denmark 193
10th Qatar 192
103rd Georgia 77
104th India 77
105th Tunisia 74
106th Ukraine 73
107th Armenia 71
108th Azerbaijan 69
109th Belarus 69
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.