Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 238: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 238 |
| 2nd | Hong Kong | 203 |
| 3rd | Switzerland | 203 |
| 4th | Cayman Islands | 201 |
| 5th | Bahamas | 193 |
| 6th | Ireland | 181 |
| 7th | Norway | 166 |
| 8th | Denmark | 166 |
| 9th | United States | 165 |
| 10th | Israel | 162 |
| … | … | … |
| … | … | … |
| … | … | … |
| 64th | Peru | 64 |
| 65th | Bolivia | 61 |
| 66th | Paraguay | 58 |
| 67th | Colombia | 56 |
| 68th | Kosovo | 56 |
| 69th | India | 49 |
| 70th | Egypt | 44 |
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 Bermuda is 255% more expensive than in Indonesia
- Cost of living in New Zealand is 16% cheaper than in Ireland
- Cost of living in Venezuela is 7% more expensive than in Brazil
- Cost of living in Kosovo is 8% cheaper than in Bolivia
- Cost of living in Sweden is 16% cheaper than in Australia
- Cost of living in Switzerland is 262% more expensive than in Kosovo
- Cost of living in South Africa is about the same as in Malaysia
- Cost of living in El Salvador is 15% cheaper than in Chile
- Cost of living in Bermuda is 224% more expensive than in Romania
- Cost of living in Japan is 62% more expensive than in Guatemala