Cost of Living Index by Country
Scale:
- 56: Moldova (cheapest)
- 100: Czech Republic
- 292: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 292 |
| 2nd | Hong Kong | 243 |
| 3rd | Bahamas | 232 |
| 4th | Switzerland | 232 |
| 5th | Singapore | 217 |
| 6th | Ireland | 193 |
| 7th | Norway | 193 |
| 8th | United States | 187 |
| 9th | Israel | 187 |
| 10th | United Kingdom | 184 |
| … | … | … |
| … | … | … |
| … | … | … |
| 83rd | Colombia | 66 |
| 84th | Egypt | 65 |
| 85th | Kazakhstan | 63 |
| 86th | Kosovo | 61 |
| 87th | Turkey | 59 |
| 88th | India | 58 |
| 89th | Moldova | 56 |
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 Ukraine is 22% cheaper than in Ecuador
- Cost of living in Colombia is 52% cheaper than in Belgium
- Cost of living in Slovakia is 12% cheaper than in China
- Cost of living in Vietnam is 42% cheaper than in Japan
- Cost of living in Malaysia is 6% cheaper than in Kenya
- Cost of living in Senegal is 36% cheaper than in Israel
- Cost of living in Senegal is 111% more expensive than in Moldova
- Cost of living in Philippines is 37% cheaper than in Germany
- Cost of living in Malta is about the same as in Macao
- Cost of living in Andorra is 58% more expensive than in Ivory Coast