Cost of Living Index by Country
Scale:
- 66: India (cheapest)
- 100: Czech Republic
- 331: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 331 |
| 2nd | Cayman Islands | 324 |
| 3rd | Switzerland | 266 |
| 4th | Hong Kong | 259 |
| 5th | Bahamas | 244 |
| 6th | Ireland | 222 |
| 7th | Iceland | 216 |
| 8th | Singapore | 214 |
| 9th | Denmark | 211 |
| 10th | Norway | 207 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Paraguay | 76 |
| 85th | Mexico | 75 |
| 86th | Colombia | 73 |
| 87th | Kazakhstan | 72 |
| 88th | Georgia | 70 |
| 89th | Tunisia | 68 |
| 90th | India | 66 |
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 29% cheaper than in Denmark
- Cost of living in Switzerland is 44% more expensive than in France
- Cost of living in Malta is 13% more expensive than in Jordan
- Cost of living in Taiwan is 50% more expensive than in Lithuania
- Cost of living in Cayman Islands is 221% more expensive than in Chile
- Cost of living in Panama is 33% cheaper than in United Kingdom
- Cost of living in Bahrain is 25% more expensive than in Latvia
- Cost of living in Mauritius is about the same as in Palestinian Territory
- Cost of living in Albania is 58% cheaper than in Ireland
- Cost of living in Luxembourg is 11% more expensive than in Lebanon