Cost of Living Index by Country
Scale:
- 61: India (cheapest)
- 100: Czech Republic
- 302: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 302 |
| 2nd | Cayman Islands | 294 |
| 3rd | Switzerland | 254 |
| 4th | Bahamas | 237 |
| 5th | Hong Kong | 233 |
| 6th | Norway | 209 |
| 7th | Ireland | 209 |
| 8th | Denmark | 200 |
| 9th | Singapore | 198 |
| 10th | Israel | 189 |
| … | … | … |
| … | … | … |
| … | … | … |
| 79th | Ukraine | 71 |
| 80th | Tanzania | 69 |
| 81st | Kazakhstan | 68 |
| 82nd | Paraguay | 68 |
| 83rd | Georgia | 66 |
| 84th | Tunisia | 66 |
| 85th | 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 Israel is 140% more expensive than in Brazil
- Cost of living in Ecuador is 18% more expensive than in Bosnia and Herzegovina
- Cost of living in Kazakhstan is 12% cheaper than in Egypt
- Cost of living in Portugal is 52% more expensive than in Bosnia and Herzegovina
- Cost of living in Mauritius is 53% more expensive than in Mexico
- Cost of living in Israel is 8% more expensive than in Australia
- Cost of living in Panama is 9% cheaper than in Bahrain
- Cost of living in Malaysia is 48% cheaper than in South Korea
- Cost of living in Cyprus is 74% more expensive than in Morocco
- Cost of living in Singapore is 98% more expensive than in Czech Republic