Cost of Living Index by Country
Scale:
- 65: India (cheapest)
- 100: Czech Republic
- 319: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 319 |
| 2nd | Cayman Islands | 316 |
| 3rd | Switzerland | 257 |
| 4th | Hong Kong | 252 |
| 5th | Bahamas | 236 |
| 6th | Ireland | 219 |
| 7th | Iceland | 216 |
| 8th | Denmark | 209 |
| 9th | Singapore | 203 |
| 10th | Norway | 200 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Ukraine | 75 |
| 85th | Paraguay | 73 |
| 86th | Colombia | 70 |
| 87th | Kazakhstan | 68 |
| 88th | Tunisia | 67 |
| 89th | Georgia | 66 |
| 90th | India | 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 Palestinian Territory is 118% more expensive than in Tunisia
- Cost of living in Netherlands is 16% more expensive than in Canada
- Cost of living in Chile is 37% cheaper than in Belgium
- Cost of living in Bahrain is 8% cheaper than in Belgium
- Cost of living in Tunisia is 25% cheaper than in Bolivia
- Cost of living in South Korea is 36% more expensive than in Croatia
- Cost of living in Norway is 138% more expensive than in Bosnia and Herzegovina
- Cost of living in Turkey is 15% more expensive than in Kazakhstan
- Cost of living in Albania is 8% more expensive than in Egypt
- Cost of living in Estonia is 34% cheaper than in United Arab Emirates