Cost of Living Index by Country
Scale:
- 64: India (cheapest)
- 100: Czech Republic
- 300: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 300 |
| 2nd | Cayman Islands | 287 |
| 3rd | Hong Kong | 232 |
| 4th | Switzerland | 227 |
| 5th | Iceland | 220 |
| 6th | Bahamas | 219 |
| 7th | Norway | 208 |
| 8th | Ireland | 200 |
| 9th | Singapore | 193 |
| 10th | Denmark | 192 |
| … | … | … |
| … | … | … |
| … | … | … |
| 87th | Moldova | 75 |
| 88th | Azerbaijan | 74 |
| 89th | Georgia | 72 |
| 90th | Tanzania | 71 |
| 91st | Paraguay | 69 |
| 92nd | Tunisia | 64 |
| 93rd | India | 64 |
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 Bermuda is 69% more expensive than in Qatar
- Cost of living in Trinidad and Tobago is 14% cheaper than in Germany
- Cost of living in Thailand is 18% more expensive than in Hungary
- Cost of living in Puerto Rico is 95% more expensive than in Moldova
- Cost of living in Uganda is 6% more expensive than in Kazakhstan
- Cost of living in Egypt is about the same as in Bulgaria
- Cost of living in Netherlands is 23% more expensive than in South Korea
- Cost of living in Jordan is 52% more expensive than in Egypt
- Cost of living in Iceland is 20% more expensive than in United Kingdom
- Cost of living in Egypt is 17% cheaper than in Chile