Cost of Living Index by Country
Scale:
- 65: Belarus (cheapest)
- 100: Czech Republic
- 277: Bermuda (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 277 |
| 2nd | Iceland | 255 |
| 3rd | Switzerland | 226 |
| 4th | Norway | 221 |
| 5th | Hong Kong | 213 |
| 6th | Ireland | 199 |
| 7th | Singapore | 196 |
| 8th | Denmark | 192 |
| 9th | Australia | 185 |
| 10th | United Kingdom | 183 |
| … | … | … |
| … | … | … |
| … | … | … |
| 100th | Georgia | 73 |
| 101st | Kazakhstan | 71 |
| 102nd | Egypt | 71 |
| 103rd | Kosovo | 71 |
| 104th | Azerbaijan | 67 |
| 105th | Armenia | 66 |
| 106th | Belarus | 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 Ukraine is 15% more expensive than in Kosovo
- Cost of living in Iceland is 260% more expensive than in Pakistan
- Cost of living in Kosovo is 19% cheaper than in Dominican Republic
- Cost of living in Bahrain is 38% more expensive than in Serbia
- Cost of living in Bermuda is 289% more expensive than in Kazakhstan
- Cost of living in Netherlands is 30% more expensive than in Spain
- Cost of living in Russia is 37% cheaper than in Ireland
- Cost of living in Hong Kong is 41% more expensive than in Germany
- Cost of living in Saudi Arabia is 30% more expensive than in Bulgaria
- Cost of living in Kuwait is 69% more expensive than in Peru