Cost of Living Index by Country
Scale:
- 58: Ukraine (cheapest)
- 100: Czech Republic
- 302: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 302 |
| 2nd | Hong Kong | 263 |
| 3rd | Bahamas | 240 |
| 4th | Switzerland | 236 |
| 5th | Singapore | 234 |
| 6th | Israel | 193 |
| 7th | Ireland | 192 |
| 8th | United States | 191 |
| 9th | Qatar | 190 |
| 10th | Norway | 188 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Peru | 76 |
| 72nd | Bolivia | 71 |
| 73rd | Tanzania | 65 |
| 74th | Colombia | 65 |
| 75th | Kosovo | 61 |
| 76th | India | 59 |
| 77th | Ukraine | 58 |
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 Guyana is 36% more expensive than in Bolivia
- Cost of living in South Korea is 6% cheaper than in Germany
- Cost of living in Mauritius is about the same as in Ecuador
- Cost of living in Bulgaria is 58% cheaper than in United States
- Cost of living in Guyana is 14% cheaper than in Portugal
- Cost of living in Ireland is 128% more expensive than in Bosnia and Herzegovina
- Cost of living in Mauritius is 37% cheaper than in Bahrain
- Cost of living in Norway is 99% more expensive than in Chile
- Cost of living in Uruguay is 88% more expensive than in Bolivia
- Cost of living in Philippines is 42% cheaper than in Germany