Cost of Living Index by Country
Scale:
- 57: Ukraine (cheapest)
- 100: Czech Republic
- 297: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 297 |
| 2nd | Hong Kong | 260 |
| 3rd | Switzerland | 238 |
| 4th | Bahamas | 235 |
| 5th | Singapore | 226 |
| 6th | Israel | 209 |
| 7th | Norway | 205 |
| 8th | United States | 189 |
| 9th | United Kingdom | 186 |
| 10th | New Zealand | 186 |
| … | … | … |
| … | … | … |
| … | … | … |
| 75th | Bolivia | 72 |
| 76th | Bangladesh | 71 |
| 77th | Colombia | 68 |
| 78th | Tanzania | 67 |
| 79th | Kosovo | 60 |
| 80th | India | 59 |
| 81st | Ukraine | 57 |
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 Thailand is 48% cheaper than in United Arab Emirates
- Cost of living in Macao is 17% more expensive than in Italy
- Cost of living in Switzerland is 133% more expensive than in Greece
- Cost of living in Sweden is 43% more expensive than in Cambodia
- Cost of living in Portugal is 13% more expensive than in Greece
- Cost of living in Sweden is 22% more expensive than in Saudi Arabia
- Cost of living in Singapore is 215% more expensive than in Bolivia
- Cost of living in Uruguay is 13% more expensive than in Saudi Arabia
- Cost of living in Bahamas is 176% more expensive than in Bosnia and Herzegovina
- Cost of living in Palestinian Territory is 86% more expensive than in Peru