Cost of Living Index by Country
Scale:
- 64: Ukraine (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 249 |
| 3rd | Hong Kong | 233 |
| 4th | Switzerland | 232 |
| 5th | Iceland | 221 |
| 6th | Norway | 217 |
| 7th | Ireland | 199 |
| 8th | Singapore | 198 |
| 9th | Qatar | 196 |
| 10th | Denmark | 191 |
| … | … | … |
| … | … | … |
| … | … | … |
| 103rd | Georgia | 73 |
| 104th | Egypt | 73 |
| 105th | Armenia | 71 |
| 106th | Kazakhstan | 69 |
| 107th | Tunisia | 69 |
| 108th | Argentina | 68 |
| 109th | Ukraine | 64 |
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 Mexico is 65% cheaper than in Hong Kong
- Cost of living in Romania is 5% more expensive than in Nepal
- Cost of living in Nepal is 17% cheaper than in Bangladesh
- Cost of living in Japan is 110% more expensive than in Bulgaria
- Cost of living in Namibia is 21% more expensive than in Russia
- Cost of living in India is 25% cheaper than in Czech Republic
- Cost of living in Bermuda is 381% more expensive than in Pakistan
- Cost of living in Nepal is 14% cheaper than in Iraq
- Cost of living in Vietnam is 7% cheaper than in Serbia
- Cost of living in Puerto Rico is 33% cheaper than in Norway