Cost of Living Index by Country
Scale:
- 54: India (cheapest)
- 100: Czech Republic
- 279: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 279 |
| 2nd | Cayman Islands | 254 |
| 3rd | Switzerland | 230 |
| 4th | Iceland | 228 |
| 5th | Bahamas | 221 |
| 6th | Hong Kong | 218 |
| 7th | Ireland | 209 |
| 8th | Norway | 198 |
| 9th | Singapore | 192 |
| 10th | Luxembourg | 190 |
| … | … | … |
| … | … | … |
| … | … | … |
| 74th | Tunisia | 63 |
| 75th | Ukraine | 62 |
| 76th | Egypt | 61 |
| 77th | Turkey | 61 |
| 78th | Azerbaijan | 60 |
| 79th | Kazakhstan | 57 |
| 80th | India | 54 |
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 Bahrain is 35% cheaper than in Denmark
- Cost of living in Puerto Rico is 8% more expensive than in Croatia
- Cost of living in Norway is 93% more expensive than in China
- Cost of living in Chile is 32% cheaper than in United Arab Emirates
- Cost of living in Paraguay is 41% cheaper than in Croatia
- Cost of living in Switzerland is 154% more expensive than in Hungary
- Cost of living in Hungary is 42% cheaper than in France
- Cost of living in Panama is 80% more expensive than in Tunisia
- Cost of living in Bahrain is 23% cheaper than in Canada
- Cost of living in Morocco is 51% cheaper than in Finland