Cost of Living Index by Country
Scale:
- 52: India (cheapest)
- 100: Czech Republic
- 237: Bahamas (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bahamas | 237 |
| 2nd | Singapore | 235 |
| 3rd | Switzerland | 220 |
| 4th | Cayman Islands | 218 |
| 5th | Ireland | 183 |
| 6th | United States | 178 |
| 7th | Denmark | 174 |
| 8th | Australia | 164 |
| 9th | Norway | 162 |
| 10th | Netherlands | 160 |
| … | … | … |
| … | … | … |
| … | … | … |
| 59th | Paraguay | 73 |
| 60th | Vietnam | 73 |
| 61st | Colombia | 70 |
| 62nd | Malaysia | 68 |
| 63rd | Bolivia | 65 |
| 64th | Russia | 64 |
| 65th | India | 52 |
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 Qatar is 145% more expensive than in Russia
- Cost of living in Slovenia is 36% more expensive than in Brazil
- Cost of living in Bahamas is 156% more expensive than in Chile
- Cost of living in Slovakia is 39% cheaper than in Netherlands
- Cost of living in Malaysia is 52% cheaper than in Finland
- Cost of living in Austria is 11% more expensive than in Italy
- Cost of living in Malta is 19% cheaper than in Netherlands
- Cost of living in El Salvador is 15% cheaper than in Greece
- Cost of living in Bahamas is 79% more expensive than in Macao
- Cost of living in Slovakia is 6% more expensive than in China