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Cost of Living Index by Country

Scale:
  • 45: Egypt (cheapest)
  • 100: Czech Republic
  • 243: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 243
2nd Singapore 231
3rd Cayman Islands 215
4th Switzerland 204
5th Bahamas 199
6th Hong Kong 185
7th Ireland 175
8th United States 170
9th Denmark 166
10th Australia 161
70th Kenya 70
71st Peru 68
72nd Bolivia 65
73rd Colombia 57
74th Kosovo 56
75th India 50
76th Egypt 45
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.

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