English
EspañolCost of Living Index by Country
Scale:
- 64: Armenia (cheapest)
- 100: Czech Republic
- 273: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 273 |
| 2nd | Cayman Islands | 253 |
| 3rd | Iceland | 230 |
| 4th | Hong Kong | 229 |
| 5th | Switzerland | 221 |
| 6th | Norway | 217 |
| 7th | Bahamas | 216 |
| 8th | Qatar | 197 |
| 9th | Ireland | 195 |
| 10th | Singapore | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 101st | Azerbaijan | 72 |
| 102nd | Moldova | 70 |
| 103rd | Argentina | 70 |
| 104th | Ukraine | 69 |
| 105th | Georgia | 68 |
| 106th | Tunisia | 66 |
| 107th | Armenia | 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 Bermuda is 90% more expensive than in Belgium
- Cost of living in Switzerland is 185% more expensive than in Egypt
- Cost of living in Oman is 29% cheaper than in Israel
- Cost of living in Nicaragua is 27% cheaper than in Greece
- Cost of living in Botswana is 12% more expensive than in Peru
- Cost of living in Vietnam is 32% cheaper than in Iran
- Cost of living in South Africa is 9% more expensive than in Slovakia
- Cost of living in Vietnam is 67% cheaper than in Hong Kong
- Cost of living in Cyprus is 11% more expensive than in Saudi Arabia
- Cost of living in Slovenia is 20% cheaper than in Austria