Cost of Living Index by Country
Scale:
- 54: India (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 262 |
| 3rd | Switzerland | 230 |
| 4th | Hong Kong | 226 |
| 5th | Iceland | 226 |
| 6th | Ireland | 212 |
| 7th | Bahamas | 212 |
| 8th | Norway | 211 |
| 9th | Singapore | 197 |
| 10th | Qatar | 194 |
| … | … | … |
| … | … | … |
| … | … | … |
| 75th | Tunisia | 67 |
| 76th | Egypt | 66 |
| 77th | Turkey | 63 |
| 78th | Ukraine | 60 |
| 79th | Georgia | 59 |
| 80th | Kazakhstan | 58 |
| 81st | India | 54 |
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 New Zealand is 204% more expensive than in Georgia
- Cost of living in Australia is 200% more expensive than in Argentina
- Cost of living in India is 17% cheaper than in Egypt
- Cost of living in Norway is 152% more expensive than in Malaysia
- Cost of living in Japan is 14% more expensive than in Germany
- Cost of living in Estonia is 26% cheaper than in Canada
- Cost of living in Puerto Rico is 35% cheaper than in Australia
- Cost of living in Hong Kong is 121% more expensive than in Cuba
- Cost of living in El Salvador is 11% cheaper than in Cuba
- Cost of living in Turkey is about the same as in Argentina