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Cost of Living Index by Country

Scale:
  • 50: India (cheapest)
  • 100: Czech Republic
  • 217: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 217
2nd Bahamas 201
3rd Singapore 200
4th Cayman Islands 188
5th United Kingdom 166
6th United States 164
7th Ireland 164
8th Hong Kong 162
9th Denmark 159
10th Australia 158
62nd Indonesia 65
63rd Colombia 64
64th Vietnam 63
65th Russia 62
66th Malaysia 61
67th Bolivia 59
68th India 50
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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