Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 283: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 283 |
| 2nd | Cayman Islands | 256 |
| 3rd | Switzerland | 229 |
| 4th | Iceland | 224 |
| 5th | Hong Kong | 223 |
| 6th | Ireland | 212 |
| 7th | Bahamas | 207 |
| 8th | Norway | 206 |
| 9th | Singapore | 193 |
| 10th | Denmark | 191 |
| … | … | … |
| … | … | … |
| … | … | … |
| 73rd | Tunisia | 65 |
| 74th | Paraguay | 63 |
| 75th | Turkey | 62 |
| 76th | Ukraine | 61 |
| 77th | Azerbaijan | 60 |
| 78th | Kazakhstan | 58 |
| 79th | India | 55 |
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 Bahrain is 59% more expensive than in Brazil
- Cost of living in Thailand is 54% cheaper than in Singapore
- Cost of living in New Zealand is 17% cheaper than in Hong Kong
- Cost of living in Bermuda is 210% more expensive than in Saudi Arabia
- Cost of living in Romania is 44% more expensive than in India
- Cost of living in Ukraine is 44% cheaper than in Lithuania
- Cost of living in Uruguay is 31% cheaper than in Canada
- Cost of living in Puerto Rico is 35% cheaper than in Australia
- Cost of living in Cayman Islands is 132% more expensive than in Estonia
- Cost of living in New Zealand is 134% more expensive than in Serbia