Cost of Living Index by Country
Scale:
- 64: India (cheapest)
- 100: Czech Republic
- 298: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 298 |
| 2nd | Cayman Islands | 285 |
| 3rd | Hong Kong | 230 |
| 4th | Switzerland | 226 |
| 5th | Iceland | 219 |
| 6th | Bahamas | 218 |
| 7th | Norway | 206 |
| 8th | Ireland | 198 |
| 9th | Singapore | 192 |
| 10th | Denmark | 190 |
| … | … | … |
| … | … | … |
| … | … | … |
| 87th | Kazakhstan | 75 |
| 88th | Azerbaijan | 73 |
| 89th | Georgia | 71 |
| 90th | Tanzania | 71 |
| 91st | Paraguay | 68 |
| 92nd | Tunisia | 65 |
| 93rd | India | 64 |
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 Moldova is 16% cheaper than in Indonesia
- Cost of living in Mauritius is 54% more expensive than in Kenya
- Cost of living in Albania is 60% cheaper than in Bahamas
- Cost of living in Palestinian Territory is 49% more expensive than in Czech Republic
- Cost of living in Albania is 7% cheaper than in Russia
- Cost of living in Serbia is 8% cheaper than in Malaysia
- Cost of living in Peru is 29% more expensive than in India
- Cost of living in Slovenia is 84% more expensive than in Argentina
- Cost of living in South Korea is 112% more expensive than in Argentina
- Cost of living in Trinidad and Tobago is 65% more expensive than in Romania