Cost of Living Index by Country
Scale:
- 65: India (cheapest)
- 100: Czech Republic
- 322: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 322 |
| 2nd | Cayman Islands | 317 |
| 3rd | Switzerland | 258 |
| 4th | Hong Kong | 253 |
| 5th | Bahamas | 237 |
| 6th | Ireland | 220 |
| 7th | Iceland | 213 |
| 8th | Denmark | 209 |
| 9th | Singapore | 209 |
| 10th | Norway | 202 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Ukraine | 76 |
| 85th | Paraguay | 73 |
| 86th | Colombia | 70 |
| 87th | Kazakhstan | 68 |
| 88th | Tunisia | 68 |
| 89th | Georgia | 66 |
| 90th | India | 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.
Other Country Comparisons
- Cost of living in Puerto Rico is 15% more expensive than in Spain
- Cost of living in Paraguay is 5% more expensive than in Colombia
- Cost of living in Costa Rica is 32% cheaper than in France
- Cost of living in Tunisia is 32% cheaper than in Czech Republic
- Cost of living in Bahamas is 151% more expensive than in Hungary
- Cost of living in El Salvador is 30% cheaper than in Belgium
- Cost of living in South Korea is 63% more expensive than in Guatemala
- Cost of living in Guatemala is 41% cheaper than in Canada
- Cost of living in China is 23% more expensive than in Brazil
- Cost of living in Singapore is 17% more expensive than in Finland