Compare cost of living between countries:

Cost of Living Index by Country

  • 65: Belarus (cheapest)
  • 100: Czech Republic
  • 276: Bermuda (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Bermuda 276
2nd Iceland 255
3rd Switzerland 226
4th Norway 221
5th Hong Kong 212
6th Ireland 198
7th Singapore 195
8th Denmark 192
9th Australia 185
10th United Kingdom 183
100th Georgia 72
101st Kosovo 71
102nd Kazakhstan 71
103rd Egypt 71
104th Azerbaijan 67
105th Armenia 66
106th Belarus 65
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.