Cost of Living Index by Country
Scale:
- 49: India (cheapest)
- 100: Czech Republic
- 216: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 216 |
| 2nd | Bahamas | 199 |
| 3rd | Singapore | 199 |
| 4th | Cayman Islands | 186 |
| 5th | United Kingdom | 166 |
| 6th | United States | 163 |
| 7th | Ireland | 163 |
| 8th | Hong Kong | 160 |
| 9th | Denmark | 158 |
| 10th | Australia | 158 |
| … | … | … |
| … | … | … |
| … | … | … |
| 61st | Colombia | 64 |
| 62nd | Indonesia | 64 |
| 63rd | Vietnam | 62 |
| 64th | Russia | 61 |
| 65th | Malaysia | 60 |
| 66th | Bolivia | 58 |
| 67th | India | 49 |
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 Palestinian Territory is 24% cheaper than in Germany
- Cost of living in Vietnam is 21% cheaper than in Brazil
- Cost of living in Luxembourg is 98% more expensive than in Paraguay
- Cost of living in Ireland is 29% more expensive than in France
- Cost of living in Fiji is 7% cheaper than in Bulgaria
- Cost of living in Slovenia is 19% more expensive than in Poland
- Cost of living in France is 20% cheaper than in Australia
- Cost of living in Portugal is 69% more expensive than in Bolivia
- Cost of living in Chile is 45% cheaper than in Australia
- Cost of living in Bahamas is 225% more expensive than in Russia