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Cost of Living Index by Country

Scale:
  • 57: Ukraine (cheapest)
  • 100: Czech Republic
  • 297: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 297
2nd Hong Kong 260
3rd Switzerland 238
4th Bahamas 235
5th Singapore 226
6th Israel 209
7th Norway 205
8th United States 189
9th United Kingdom 186
10th New Zealand 186
75th Bolivia 72
76th Bangladesh 71
77th Colombia 68
78th Tanzania 67
79th Kosovo 60
80th India 59
81st Ukraine 57
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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