English
EspañolCost of Living Index by Country
Scale:
- 65: Armenia (cheapest)
- 100: Czech Republic
- 276: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 276 |
| 2nd | Cayman Islands | 257 |
| 3rd | Iceland | 233 |
| 4th | Hong Kong | 229 |
| 5th | Switzerland | 225 |
| 6th | Bahamas | 221 |
| 7th | Norway | 219 |
| 8th | Qatar | 199 |
| 9th | Ireland | 199 |
| 10th | Singapore | 197 |
| … | … | … |
| … | … | … |
| … | … | … |
| 102nd | Turkey | 73 |
| 103rd | Azerbaijan | 72 |
| 104th | Georgia | 70 |
| 105th | Argentina | 69 |
| 106th | Ukraine | 68 |
| 107th | Tunisia | 68 |
| 108th | Armenia | 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 Moldova is 27% cheaper than in Czech Republic
- Cost of living in Vietnam is 54% cheaper than in Sweden
- Cost of living in Estonia is 33% cheaper than in New Zealand
- Cost of living in Costa Rica is 30% cheaper than in Israel
- Cost of living in Namibia is 32% cheaper than in Zimbabwe
- Cost of living in Egypt is 28% cheaper than in Chile
- Cost of living in Nigeria is 16% cheaper than in Brazil
- Cost of living in Serbia is 54% cheaper than in Japan
- Cost of living in Japan is 100% more expensive than in Iraq
- Cost of living in Qatar is 57% more expensive than in Uruguay