Cost of Living Index by Country
Scale:
- 64: India (cheapest)
- 100: Czech Republic
- 300: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 300 |
| 2nd | Cayman Islands | 287 |
| 3rd | Hong Kong | 232 |
| 4th | Switzerland | 227 |
| 5th | Iceland | 220 |
| 6th | Bahamas | 219 |
| 7th | Norway | 208 |
| 8th | Ireland | 200 |
| 9th | Singapore | 193 |
| 10th | Denmark | 192 |
| … | … | … |
| … | … | … |
| … | … | … |
| 87th | Moldova | 75 |
| 88th | Azerbaijan | 74 |
| 89th | Georgia | 72 |
| 90th | Tanzania | 71 |
| 91st | Paraguay | 69 |
| 92nd | Tunisia | 64 |
| 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 Malta is 13% more expensive than in Jordan
- Cost of living in Turkey is 21% more expensive than in Tunisia
- Cost of living in Paraguay is 28% cheaper than in Chile
- Cost of living in Bahrain is 13% cheaper than in Taiwan
- Cost of living in Poland is 5% cheaper than in Chile
- Cost of living in Vietnam is 21% cheaper than in Czech Republic
- Cost of living in Sweden is 103% more expensive than in Romania
- Cost of living in Hong Kong is 58% more expensive than in Belgium
- Cost of living in Turkey is 23% cheaper than in China
- Cost of living in United States is 105% more expensive than in Philippines