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Cost of Living Index by Country

Scale:
  • 45: Egypt (cheapest)
  • 100: Czech Republic
  • 242: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 242
2nd Switzerland 204
3rd Cayman Islands 204
4th Bahamas 195
5th Ireland 179
6th United States 168
7th Denmark 166
8th Australia 163
9th Israel 162
10th Norway 161
63rd Peru 65
64th Bolivia 62
65th Paraguay 59
66th Kosovo 56
67th Colombia 56
68th India 50
69th Egypt 45
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.

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