Cost of Living Index by Country
Scale:
- 64: Ukraine (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 249 |
| 3rd | Hong Kong | 233 |
| 4th | Switzerland | 231 |
| 5th | Iceland | 222 |
| 6th | Norway | 216 |
| 7th | Ireland | 199 |
| 8th | Singapore | 197 |
| 9th | Qatar | 192 |
| 10th | Denmark | 191 |
| … | … | … |
| … | … | … |
| … | … | … |
| 103rd | Georgia | 73 |
| 104th | Egypt | 72 |
| 105th | Kazakhstan | 70 |
| 106th | Argentina | 68 |
| 107th | Tunisia | 67 |
| 108th | Armenia | 66 |
| 109th | Ukraine | 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 Costa Rica is 44% more expensive than in Iraq
- Cost of living in South Korea is 117% more expensive than in Armenia
- Cost of living in Portugal is 27% more expensive than in Lithuania
- Cost of living in Poland is 11% cheaper than in Brazil
- Cost of living in Portugal is 93% more expensive than in Pakistan
- Cost of living in Bahrain is 33% more expensive than in Lithuania
- Cost of living in Serbia is about the same as in Algeria
- Cost of living in Slovenia is 17% cheaper than in Palestinian Territory
- Cost of living in Sweden is 113% more expensive than in Sri Lanka
- Cost of living in Estonia is 38% cheaper than in United States