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Cost of Living Index by Country

Scale:
  • 52: India (cheapest)
  • 100: Czech Republic
  • 223: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 223
2nd Bahamas 214
3rd Singapore 213
4th Cayman Islands 211
5th Australia 181
6th Hong Kong 180
7th Denmark 175
8th United States 174
9th Ireland 173
10th United Kingdom 170
60th Indonesia 73
61st Peru 72
62nd Russia 69
63rd Vietnam 65
64th Bolivia 62
65th Malaysia 61
66th India 52
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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