Cost of Living Index by Country
Scale:
- 60: India (cheapest)
- 100: Czech Republic
- 297: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 297 |
| 2nd | Cayman Islands | 280 |
| 3rd | Switzerland | 247 |
| 4th | Bahamas | 233 |
| 5th | Hong Kong | 231 |
| 6th | Ireland | 216 |
| 7th | Norway | 200 |
| 8th | Singapore | 196 |
| 9th | Qatar | 195 |
| 10th | Denmark | 194 |
| … | … | … |
| … | … | … |
| … | … | … |
| 73rd | Tunisia | 69 |
| 74th | Turkey | 67 |
| 75th | Ukraine | 66 |
| 76th | Paraguay | 64 |
| 77th | Kazakhstan | 62 |
| 78th | Georgia | 62 |
| 79th | India | 60 |
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 Cyprus is 66% more expensive than in Serbia
- Cost of living in Singapore is 62% more expensive than in Jordan
- Cost of living in Kazakhstan is 26% cheaper than in Bulgaria
- Cost of living in Albania is 15% more expensive than in Egypt
- Cost of living in Romania is 49% cheaper than in South Korea
- Cost of living in South Africa is 45% more expensive than in India
- Cost of living in Poland is 21% cheaper than in Croatia
- Cost of living in Israel is about the same as in United Kingdom
- Cost of living in Finland is 118% more expensive than in Dominican Republic
- Cost of living in Switzerland is 7% more expensive than in Hong Kong