Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 240: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 240 |
| 2nd | Hong Kong | 204 |
| 3rd | Switzerland | 204 |
| 4th | Cayman Islands | 202 |
| 5th | Bahamas | 194 |
| 6th | Ireland | 183 |
| 7th | Denmark | 167 |
| 8th | Norway | 166 |
| 9th | United States | 166 |
| 10th | Australia | 163 |
| … | … | … |
| … | … | … |
| … | … | … |
| 65th | Peru | 65 |
| 66th | Bolivia | 61 |
| 67th | Paraguay | 58 |
| 68th | Colombia | 57 |
| 69th | Kosovo | 56 |
| 70th | India | 50 |
| 71st | 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 Qatar is 132% more expensive than in Peru
- Cost of living in India is 64% cheaper than in Germany
- Cost of living in Cayman Islands is 146% more expensive than in Mexico
- Cost of living in Bulgaria is 49% cheaper than in Canada
- Cost of living in Macao is 185% more expensive than in Egypt
- Cost of living in Luxembourg is 38% more expensive than in Costa Rica
- Cost of living in Turkey is 25% cheaper than in Czech Republic
- Cost of living in Malaysia is 42% cheaper than in Macao
- Cost of living in South Africa is 7% cheaper than in Mexico
- Cost of living in Poland is 47% cheaper than in United Kingdom