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Cost of Living Index by Country

Scale:
  • 49: India (cheapest)
  • 100: Czech Republic
  • 216: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 216
2nd Bahamas 199
3rd Singapore 199
4th Cayman Islands 186
5th United Kingdom 166
6th United States 163
7th Ireland 163
8th Hong Kong 160
9th Denmark 158
10th Australia 158
61st Colombia 64
62nd Indonesia 64
63rd Vietnam 62
64th Russia 61
65th Malaysia 60
66th Bolivia 58
67th India 49
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.

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