Cost of Living Index by Country
Scale:
- 57: Ukraine (cheapest)
- 100: Czech Republic
- 297: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 297 |
| 2nd | Hong Kong | 260 |
| 3rd | Switzerland | 237 |
| 4th | Bahamas | 236 |
| 5th | Singapore | 225 |
| 6th | Israel | 210 |
| 7th | Norway | 204 |
| 8th | United States | 189 |
| 9th | United Kingdom | 187 |
| 10th | Ireland | 185 |
| … | … | … |
| … | … | … |
| … | … | … |
| 75th | Bolivia | 71 |
| 76th | Bangladesh | 70 |
| 77th | Tanzania | 67 |
| 78th | Colombia | 67 |
| 79th | Kosovo | 60 |
| 80th | India | 59 |
| 81st | Ukraine | 57 |
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 Bahamas is 146% more expensive than in South Africa
- Cost of living in India is 49% cheaper than in China
- Cost of living in Netherlands is 77% more expensive than in Chile
- Cost of living in Panama is 32% more expensive than in Venezuela
- Cost of living in Guyana is 20% cheaper than in Slovenia
- Cost of living in Andorra is 85% more expensive than in Bosnia and Herzegovina
- Cost of living in Croatia is 17% more expensive than in Argentina
- Cost of living in Slovakia is 38% cheaper than in Finland
- Cost of living in Bulgaria is 34% cheaper than in Senegal
- Cost of living in Senegal is 42% cheaper than in Norway