Compare cost of living between countries:
versus

Cost of Living Index by Country

Scale:
  • 66: Belarus (cheapest)
  • 100: Czech Republic
  • 281: Bermuda (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Bermuda 281
2nd Iceland 257
3rd Switzerland 228
4th Norway 220
5th Hong Kong 216
6th Ireland 200
7th Singapore 197
8th Denmark 193
9th United Kingdom 185
10th Australia 185
101st Egypt 73
102nd Georgia 72
103rd Kazakhstan 72
104th Kosovo 71
105th Azerbaijan 68
106th Armenia 67
107th Belarus 66
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.