Cost of Living Index by Country
Scale:
- 50: India (cheapest)
- 100: Czech Republic
- 212: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 212 |
| 2nd | Singapore | 209 |
| 3rd | Bahamas | 199 |
| 4th | Cayman Islands | 195 |
| 5th | Hong Kong | 166 |
| 6th | United States | 165 |
| 7th | Ireland | 161 |
| 8th | Denmark | 157 |
| 9th | Australia | 150 |
| 10th | Norway | 150 |
| … | … | … |
| … | … | … |
| … | … | … |
| 63rd | Indonesia | 67 |
| 64th | Vietnam | 66 |
| 65th | Colombia | 63 |
| 66th | Malaysia | 61 |
| 67th | Bolivia | 60 |
| 68th | Russia | 57 |
| 69th | India | 50 |
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 Croatia is 30% cheaper than in Canada
- Cost of living in Bolivia is 53% cheaper than in Belgium
- Cost of living in Norway is 23% more expensive than in United Arab Emirates
- Cost of living in Macao is 27% cheaper than in Hong Kong
- Cost of living in Switzerland is 136% more expensive than in Slovakia
- Cost of living in Taiwan is 30% cheaper than in Finland
- Cost of living in United States is 95% more expensive than in China
- Cost of living in Israel is 38% more expensive than in Spain
- Cost of living in United States is 113% more expensive than in Guatemala
- Cost of living in Bulgaria is 42% cheaper than in Germany