Compare cost of living between countries:
versus

Cost of Living Index by Country

Scale:
  • 65: Belarus (cheapest)
  • 100: Czech Republic
  • 277: Bermuda (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Bermuda 277
2nd Iceland 255
3rd Switzerland 226
4th Norway 221
5th Hong Kong 213
6th Ireland 199
7th Singapore 196
8th Denmark 192
9th Australia 185
10th United Kingdom 183
100th Georgia 73
101st Kazakhstan 71
102nd Egypt 71
103rd Kosovo 71
104th Azerbaijan 67
105th Armenia 66
106th Belarus 65
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.