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 | 221 |
| 6th | Norway | 216 |
| 7th | Ireland | 198 |
| 8th | Singapore | 197 |
| 9th | Qatar | 192 |
| 10th | Denmark | 191 |
| … | … | … |
| … | … | … |
| … | … | … |
| 103rd | Georgia | 73 |
| 104th | Egypt | 72 |
| 105th | Kazakhstan | 70 |
| 106th | Argentina | 68 |
| 107th | Tunisia | 68 |
| 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 Canada is 91% more expensive than in Bulgaria
- Cost of living in Pakistan is 56% cheaper than in South Korea
- Cost of living in Philippines is 9% more expensive than in Nepal
- Cost of living in Iran is 33% cheaper than in Austria
- Cost of living in Poland is 30% more expensive than in Kazakhstan
- Cost of living in Ukraine is 55% cheaper than in South Korea
- Cost of living in Costa Rica is 59% more expensive than in Vietnam
- Cost of living in Oman is 5% cheaper than in South Korea
- Cost of living in Ireland is 15% more expensive than in France
- Cost of living in Poland is 54% cheaper than in Ireland