Cost of Living Index by Country
Scale:
- 69: Belarus (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 255 |
| 3rd | Iceland | 254 |
| 4th | Switzerland | 234 |
| 5th | Hong Kong | 228 |
| 6th | Norway | 227 |
| 7th | Ireland | 205 |
| 8th | Singapore | 201 |
| 9th | Denmark | 193 |
| 10th | Qatar | 192 |
| … | … | … |
| … | … | … |
| … | … | … |
| 103rd | Georgia | 77 |
| 104th | India | 77 |
| 105th | Tunisia | 74 |
| 106th | Ukraine | 73 |
| 107th | Armenia | 71 |
| 108th | Azerbaijan | 69 |
| 109th | Belarus | 69 |
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 Kuwait is 107% more expensive than in Iran
- Cost of living in Thailand is 11% more expensive than in Croatia
- Cost of living in Saudi Arabia is 38% more expensive than in Macedonia
- Cost of living in Paraguay is 24% more expensive than in Bolivia
- Cost of living in Egypt is 12% more expensive than in Armenia
- Cost of living in Tunisia is 38% cheaper than in Portugal
- Cost of living in Tunisia is 28% cheaper than in Lithuania
- Cost of living in Iraq is 12% cheaper than in Ecuador
- Cost of living in Malaysia is 21% more expensive than in India
- Cost of living in Slovenia is 26% more expensive than in Guatemala