Cost of Living Index by Country
Scale:
- 65: India (cheapest)
- 100: Czech Republic
- 327: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 327 |
| 2nd | Cayman Islands | 322 |
| 3rd | Switzerland | 261 |
| 4th | Hong Kong | 257 |
| 5th | Bahamas | 241 |
| 6th | Ireland | 222 |
| 7th | Iceland | 215 |
| 8th | Denmark | 211 |
| 9th | Singapore | 210 |
| 10th | Norway | 203 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Mexico | 75 |
| 85th | Paraguay | 75 |
| 86th | Colombia | 71 |
| 87th | Kazakhstan | 69 |
| 88th | Tunisia | 68 |
| 89th | Georgia | 67 |
| 90th | India | 65 |
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 New Zealand is 98% more expensive than in Poland
- Cost of living in Morocco is 56% cheaper than in Israel
- Cost of living in Finland is 155% more expensive than in Colombia
- Cost of living in El Salvador is 24% more expensive than in Serbia
- Cost of living in Qatar is 71% more expensive than in Croatia
- Cost of living in Ukraine is 13% more expensive than in Tunisia
- Cost of living in Slovenia is 28% cheaper than in Japan
- Cost of living in Mexico is 66% cheaper than in Ireland
- Cost of living in Botswana is 33% cheaper than in Bahrain
- Cost of living in Thailand is 16% more expensive than in Hungary