Cost of Living Index by Country
Scale:
- 61: India (cheapest)
- 100: Czech Republic
- 299: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 299 |
| 2nd | Cayman Islands | 276 |
| 3rd | Switzerland | 250 |
| 4th | Hong Kong | 233 |
| 5th | Bahamas | 233 |
| 6th | Ireland | 220 |
| 7th | Norway | 204 |
| 8th | Singapore | 199 |
| 9th | Netherlands | 197 |
| 10th | Qatar | 196 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Colombia | 69 |
| 72nd | Ukraine | 65 |
| 73rd | Paraguay | 64 |
| 74th | Turkey | 64 |
| 75th | Georgia | 63 |
| 76th | Kazakhstan | 62 |
| 77th | India | 61 |
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 Philippines is 30% cheaper than in Italy
- Cost of living in Jordan is 48% cheaper than in Hong Kong
- Cost of living in Turkey is 18% cheaper than in Peru
- Cost of living in France is 106% more expensive than in Bulgaria
- Cost of living in Peru is 17% cheaper than in Kenya
- Cost of living in Panama is 6% more expensive than in Uruguay
- Cost of living in Latvia is 17% cheaper than in Italy
- Cost of living in Thailand is 40% cheaper than in Australia
- Cost of living in Cayman Islands is 248% more expensive than in Bolivia
- Cost of living in Hong Kong is 44% more expensive than in Belgium