Cost of Living Index by Country
Scale:
- 52: India (cheapest)
- 100: Czech Republic
- 237: Bahamas (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bahamas | 237 |
| 2nd | Singapore | 232 |
| 3rd | Switzerland | 220 |
| 4th | Cayman Islands | 218 |
| 5th | Ireland | 183 |
| 6th | United States | 178 |
| 7th | Denmark | 174 |
| 8th | Australia | 165 |
| 9th | Norway | 162 |
| 10th | Netherlands | 160 |
| … | … | … |
| … | … | … |
| … | … | … |
| 59th | Paraguay | 74 |
| 60th | Vietnam | 73 |
| 61st | Colombia | 70 |
| 62nd | Malaysia | 68 |
| 63rd | Bolivia | 65 |
| 64th | Russia | 64 |
| 65th | India | 52 |
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 Qatar is 142% more expensive than in Bolivia
- Cost of living in Philippines is 43% cheaper than in Belgium
- Cost of living in Thailand is 40% cheaper than in Finland
- Cost of living in Slovakia is 4% cheaper than in Jordan
- Cost of living in Italy is 51% more expensive than in Ecuador
- Cost of living in Guatemala is 47% cheaper than in United Kingdom
- Cost of living in Fiji is 46% cheaper than in United Arab Emirates
- Cost of living in Malta is 5% cheaper than in France
- Cost of living in Austria is 19% cheaper than in Norway
- Cost of living in Bahamas is 266% more expensive than in Bolivia