Cost of Living Index by Country
Scale:
- 50: India (cheapest)
- 100: Czech Republic
- 219: Switzerland (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Switzerland | 219 |
2nd | Bahamas | 208 |
3rd | Singapore | 206 |
4th | Cayman Islands | 203 |
5th | Australia | 177 |
6th | Hong Kong | 171 |
7th | United States | 170 |
8th | Ireland | 169 |
9th | United Kingdom | 166 |
10th | Denmark | 165 |
… | … | … |
… | … | … |
… | … | … |
60th | Indonesia | 70 |
61st | Kenya | 69 |
62nd | Russia | 66 |
63rd | Vietnam | 63 |
64th | Bolivia | 62 |
65th | Malaysia | 60 |
66th | 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.
Other Country Comparisons
- Cost of living in Luxembourg is 22% cheaper than in Australia
- Cost of living in Croatia is 37% more expensive than in Ecuador
- Cost of living in Russia is 7% more expensive than in Bolivia
- Cost of living in United States is 4% cheaper than in Australia
- Cost of living in Luxembourg is 99% more expensive than in Indonesia
- Cost of living in Slovakia is 34% cheaper than in United Arab Emirates
- Cost of living in India is 65% cheaper than in Finland
- Cost of living in Bahamas is 17% more expensive than in Australia
- Cost of living in France is 30% more expensive than in Spain
- Cost of living in Fiji is 20% more expensive than in Malaysia