Cost of Living Index by Country
Scale:
- 65: Belarus (cheapest)
- 100: Czech Republic
- 279: Bermuda (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 279 |
| 2nd | Iceland | 256 |
| 3rd | Switzerland | 228 |
| 4th | Norway | 222 |
| 5th | Hong Kong | 215 |
| 6th | Ireland | 200 |
| 7th | Singapore | 196 |
| 8th | Denmark | 192 |
| 9th | Australia | 185 |
| 10th | United Kingdom | 184 |
| … | … | … |
| … | … | … |
| … | … | … |
| 100th | Georgia | 73 |
| 101st | Egypt | 72 |
| 102nd | Kazakhstan | 72 |
| 103rd | Kosovo | 71 |
| 104th | Azerbaijan | 68 |
| 105th | Armenia | 67 |
| 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 France is 75% more expensive than in Bangladesh
- Cost of living in Iran is 18% cheaper than in Colombia
- Cost of living in Lithuania is 14% more expensive than in Colombia
- Cost of living in Vietnam is 38% cheaper than in China
- Cost of living in Ukraine is 18% cheaper than in Kenya
- Cost of living in Slovakia is 41% more expensive than in Georgia
- Cost of living in Macedonia is 56% cheaper than in United Kingdom
- Cost of living in Mauritius is 17% cheaper than in Belgium
- Cost of living in France is 44% more expensive than in China
- Cost of living in Slovenia is 14% cheaper than in South Korea