Cost of Living Index by Country
Scale:
- 57: Moldova (cheapest)
- 100: Czech Republic
- 297: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 297 |
| 2nd | Cayman Islands | 274 |
| 3rd | Hong Kong | 244 |
| 4th | Bahamas | 237 |
| 5th | Iceland | 236 |
| 6th | Switzerland | 230 |
| 7th | Singapore | 222 |
| 8th | United Kingdom | 203 |
| 9th | Norway | 199 |
| 10th | Ireland | 192 |
| … | … | … |
| … | … | … |
| … | … | … |
| 88th | Ukraine | 69 |
| 89th | Tanzania | 67 |
| 90th | Azerbaijan | 67 |
| 91st | Kosovo | 64 |
| 92nd | Egypt | 61 |
| 93rd | India | 59 |
| 94th | Moldova | 57 |
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 Malta is 98% more expensive than in Romania
- Cost of living in Latvia is 22% more expensive than in Hungary
- Cost of living in Botswana is 51% cheaper than in Japan
- Cost of living in Estonia is 15% cheaper than in Italy
- Cost of living in Norway is about the same as in United Kingdom
- Cost of living in Botswana is 33% cheaper than in Jordan
- Cost of living in Uganda is 59% cheaper than in Hong Kong
- Cost of living in Estonia is 9% more expensive than in South Africa
- Cost of living in Vietnam is 14% cheaper than in Croatia
- Cost of living in Malta is about the same as in Japan