Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 290: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 290 |
| 2nd | Cayman Islands | 262 |
| 3rd | Switzerland | 230 |
| 4th | Hong Kong | 226 |
| 5th | Iceland | 225 |
| 6th | Bahamas | 212 |
| 7th | Ireland | 211 |
| 8th | Norway | 211 |
| 9th | Singapore | 196 |
| 10th | Qatar | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 75th | Tunisia | 67 |
| 76th | Egypt | 66 |
| 77th | Turkey | 64 |
| 78th | Ukraine | 60 |
| 79th | Georgia | 60 |
| 80th | Kazakhstan | 58 |
| 81st | India | 55 |
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 Panama is 22% cheaper than in United Arab Emirates
- Cost of living in Greece is 21% cheaper than in Belgium
- Cost of living in Sweden is 36% more expensive than in Latvia
- Cost of living in South Korea is 82% more expensive than in Guatemala
- Cost of living in Costa Rica is 35% cheaper than in United Arab Emirates
- Cost of living in Sweden is 133% more expensive than in Colombia
- Cost of living in Paraguay is 56% cheaper than in South Korea
- Cost of living in Estonia is 43% cheaper than in Singapore
- Cost of living in United States is 99% more expensive than in Indonesia
- Cost of living in Peru is 19% more expensive than in Argentina