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 Tanzania is 16% more expensive than in Honduras
- Cost of living in Switzerland is 194% more expensive than in Bosnia and Herzegovina
- Cost of living in Jamaica is 41% cheaper than in Denmark
- Cost of living in Bahrain is 27% cheaper than in Sweden
- Cost of living in Poland is about the same as in Argentina
- Cost of living in Puerto Rico is 67% more expensive than in Morocco
- Cost of living in Japan is 33% more expensive than in Jordan
- Cost of living in Portugal is 67% more expensive than in Pakistan
- Cost of living in Chile is 78% more expensive than in Belarus
- Cost of living in Qatar is 117% more expensive than in Nigeria